Educational Trust



 

With escalating educational costs, one of your most important financial objectives may be to provide for the education of your children or grandchildren. A McGehee Bank Educational Trust can help you fulfill these objectives. With such a plan, you can specify a cash amount or other assets to be invested or managed, under trust, for your children or grandchildren. The proceeds of these investments and managed assets are distributed at the time and in the manner specified by you at the time the trust is drafted or modified as your family grows.