Jeff - Founder/CEO - This is exactly what we want to do. Most parents we've talked to have made the same comment. Saving for a child's future should be easy, and involving the child's family/social network is our goal.
I think people want to give physical things and experiences, which you can't really do by just giving money, especially money that can't be spent for decades. That's why you can give someone a Starbucks gift card, but it's not good to give them a visa gift card.
I think pairing "donations" with physical gifts is ideal. Parents should ask for gifts to be half as big, with the other half put into the trust.
Jeff - Founder/CEO - In the beginning we will only be able to accept deposits from a bank account. Taking on other assets would require more infrastructure and cost.
We hope to expand and offer more trust products as we grow.