TrustEgg enables parents to easily create a free trust fund for their child. All deposited funds are placed in a custodial account. Money is held in the child’s name and legally secure until the child’s 18th birthday. Parents can also use TrustEgg to invite family and friends to make contributions.
TrustEgg enables parents to create a Trust for their child in minutes for free. Parents can invite family and friends to make contributions. The Trust Fund is invested with Vanguard and earns a market rate of return until the child turns 18. The simple, social nature of TrustEgg will hopefully change the savings rate for the 70+ million children in the US.