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Like most other financial requirements the education of
your children needs to be planned for. Not only do you
need to take the tuition fees into consideration but also the
fact that your child/children may not study at a university near
to home, therefore, other annual costs associated with supporting
a student need to be considered.
For example a student coming from abroad will face university fees for a three-year degree in the United Kingdom is approximately Euro 40,000. This fee does not include the other annual costs associated with supporting the student for the duration of their studies. If you wish to give your children the opportunity of an overseas education, it is imperative that it is included in your financial planning.
Fintec regularly helps clients set up structures designed to help incorporate
education costs in their financial planning. |
