Setting money aside for your children’s or grandchildren’s college education is a great way to provide for their future, but sometimes there will be an excess. For example, your child may receive a large scholarship and will not need to use all the money you have saved, or your grandchild may choose a trade school […]
education
Saving for Your Family’s Education From Austin Estate Planning Lawyer Liz Nielsen
According to the National Center for Education Statistics, in the 2018–2019 academic year, the average tuition and fees for a public four-year institution were $9,200; $35,800 for a private nonprofit four-year institution; $3,700 for a public two-year institution; and $18,400 for a private nonprofit two-year institution. If post-secondary education is in your family’s future, there […]
Flexibility in Education Funding from Austin Estate Planning Lawyer Liz Nielsen
When it comes to returning to school in the fall, the details may still be unknown. Will students be attending classes in person, or will classes continue to be online? Will college students be allowed on campus, or will they be staying home for the fall semester? One thing is certain: education will still be […]
529 Plans – What You Need to Know from Austin Estate Planning Lawyer Liz Nielsen
According to U.S. News and World Report, for the 2019-2020 school year, the average cost of tuition and fees is $10,116 at an in-state public university and $36,801 at a private university. (It can even exceed $50,000 at some schools.) This does not even include housing, books, and meal plans, which typically add thousands of […]