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  • Writer's pictureava sakowski

Considerations before contributing directly to a grandchild's education.

Grandparents can help support a grandchild’s education in several ways without giving money directly to the student. Some direct gifts could jeopardize the student’s prospects for need-based financial aid or conflict with the grandparents’ estate plan. Grandparents, parents, and students must understand options before deciding which one is appropriate. If you are considering paying for someone’s college education, call Susan Craig, Independent Financial Coaching, and discuss the kinds of questions that you need to be answered before deciding what is best for your estate and

the support you want to offer your grandchildren.

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