Education Trusts are financial arrangements designed to support educational expenses, such as tuition and fees for students. These trusts can be established by individuals, families, or organizations to ensure that funds are available for specific educational purposes, often benefiting children or students in need. Typically, the funds in an Education Trust are managed by a trustee, who is responsible for overseeing the distribution of money according to the trust's terms. This can include covering costs for college, private schools, or specialized programs, helping to alleviate the financial burden on families and promote access to quality education.