Gifting College Aid to your Grandkids
I read this article and watched the short video. It has some good tips. And, by gifting to your grand kid’s college savings account you will put time on your side and allow the market’s to contribute–easing your and their burden.
When you give the gift of college savings, college investments, or education in general, you give something more than tangible stuff to your grand kids–you give them the intangible, knowledge and a chance at a better future.
You may get a tax deduction. Your grand kids will get smarter. And, the more you give, the less chance they’ll need student loans. As I noted, those are bad.
Do well, Dan