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Education Savings Plan / Trust

georgelopez
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georgelopez Rookie Member

georgelopez

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My buddies and I are going to start an education savings plan for the daughter of a recently deceased friend of ours. She is Thai and just 5 years old is there a education savings plan available here in Thailand to save money for her, we would be depositing maybe 4 or 5 thousand baht every month. Has anybody heard of something like this? Thanks

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ATF Platinum Member

ATF

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Why don't you send her to a boarding school and pay the fees yourselves?

Problem is if you set up a bank account or give the fees to her mother there's a good chance she will put her fingers in the till.

Sorry to be harsh but it happens.

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huawei Senior Member

huawei

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Posted

Why don't you send her to a boarding school and pay the fees yourselves?

Problem is if you set up a bank account or give the fees to her mother there's a good chance she will put her fingers in the till.

Sorry to be harsh but it happens.

Excellent idea .

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