education trusts

[#1]

@simon - you mentioned some time ago you had squirreled away some SATRIX stock for your nephew's education. How exactly did you do this? In a trust, or just by buying STX40 in his name?

[SimonPB]

well he under 7 so in his mothers name, when he's 7 can put them into his name

[Oom_Boom]

So you can have an OST account when you turn 7? I did something similar with my kids, I opened an account at Satrix for each kid. Kicked off with a lump sum and a monthly debit order after that. Very happy with the progress so far.

[SimonPB]

it would be under parents fica etc. until they 18