So how do we actually help our children keep their college dreams afloat? How much of the responsibility should fall on their shoulders and our own? How can we bring their-and our own-dreams down from the stratosphere and into the realm of meaningful, personalized wealth management?
As unpleasant as the task may be, the consequence of postponing it is worse. In the absence of carefully prepared estate-planning documents with proper designation directions, you’re effectively leaving it up to a judge to decide what is in the best interest of your children, without your input.
Are you making the best use of the 529 College Savings Plan? Let’s step through the key considerations involved, so you can progress toward your kids’, grandkids’ or even your own college funding
Parents have sacrificed their financial futures on the altar of their children’s education. Fueled by easy federal money and self-interested colleges, the result is a student loan crisis that appears already to be eclipsing the catastrophic proportions of mortgage indebtedness leading up to the financial collapse of 2008.