Wendy Osefo, of "The Real Housewives of Potomac," discusses her family's decision to create a trust for their three children. This trust was designed to provide financial stability and enforce educational aspirations, including learning Igbo and pursuing a Master's degree. The detailed trust includes guidelines for caretakers if necessary and addresses the couple’s own future needs. While the children will have access to the funds post-college graduation, they are currently unaware of the trust’s existence. Osefo emphasizes the importance of clearly outlining aspirations to support their children's growth and success.
My husband and I wanted our children to be financially secure if something happened to us unexpectedly or as we got older. So, Eddie and I met with an attorney and created a trust for our family.
Our attorney told us that if we were no longer here, the people we entrust to look after our children would have a clear plan of how we wanted to raise our children.
My children don't know about the trust, and I want to keep it that way for a while.
God willing, I'll be here till I'm 90 years old, but my kids can start accessing the trust once they graduate from college.
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