Family with children together at home, representing saving for school and planning for a child’s education

Saving for School: Education Planning Through Estate Planning

Paula DelghansEstate Planning

Planning Ahead Makes Education Goals More Achievable The cost of education continues to rise, and many families worry about how they will pay for school without creating financial stress. Because tuition, fees, and related expenses can add up quickly, planning ahead matters more than ever. Fortunately, estate planning can play an important role in saving for school. Instead of relying …

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College graduate holding a diploma while embracing a family member, representing education planning and saving for college

Saving for College: What Happens to Unused Funds?

Paula DelghansEstate Planning

Planning for College Is Smart—But Life Doesn’t Always Go as Planned Many parents and grandparents set aside money to help pay for a child’s or grandchild’s education. However, education paths often change. For example, a student may earn scholarships, choose a less expensive school, attend trade school, or skip college altogether. As a result, families often ask an important question: …

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