Education Planning

Education Planning

Practical planning for tomorrow’s education at Sinclair Upton Capital Management

Education is an expense that increases each year. Depending on where you are in the world, or the location of the school or university you wish your child or grandchild to attend, costs can vary but paying for tuition and board at any quality educational establishment is an expense that needs to be considered well before the time comes to enrol.

At Sinclair Upton Capital Management, we can provide guidance on how you can prepare for these ever-increasing costs with a number of possibilities. We can create investment plans to generate regular income or encashments to pay fees, board and travelling expenses at the time when you need them. Sinclair Upton Capital Management can also arrange your investments to take advantage of financial aid packages if you are in one of the countries that have this facility. Each individual situation needs to be carefully considered on its own merit, taking into account factors such as any assets already in the child or grandchild’s name and how this may affect taxation and accessibility to other educational aid.

There are education savings plans in certain countries that offer tax advantages so that your children or grandchildren can enjoy the fruits of a quality education. In other countries, a different approach needs to be taken and liaising with your existing tax advisor is an excellent way to ensure the required funding is generated without impacting unnecessarily on taxation.

“Education is the most powerful weapon which you can use to change the world.”

—Nelson Mandela