Information for Grandparents
The Solutions for Tuition Grandparent Plan is our most economically priced Plan. It includes strategies to:
- Give Your Children a Nudge to Plan Your Grandchildren's Education.
Let's face it - the baby boomers are spenders, not savers. How should a grandparent give them a gentle nudge in the right direction?
- Create a Tax Scholarship
- Choose the Correct Gifting Strategy.
Which is right for your family? A 529 Plan? A UGMA/UTMA account? Real Estate? Insurance? The choices can be overwhelming, but it is important that you choose correctly.
- Gift to a Grandchild without Endangering a Financial Aid Award.
An improperly made gift can destroy a financial aid award.
- Gifting to Multiple Grandchildren.
Setting up individual accounts is not always the best choice. What if a grandchild decides not to go to college?