Got Tuition?

There’s no time like the present to start preparing for what will soon be an eventuality; and there’s no better way to do it than to tap into some resources that will guide you along the way as painlessly as possible. If you’ve been laying awake at night worrying about tuition, why not take one of the following books to bed instead:

• Education Planning: Taxes, Trusts, and Techniques (Nancy Shurtz) is described as being an invaluable, in-depth resource for the estate and tax planning strategies and vehicles available for families saving for higher education. While focusing on all aspects of the popular 529 plans, the author also provides information on all other savings options, including 529 prepaid plans, Coverdell Educational Savings Accounts, qualified savings bonds, UGMAs/UTMAs, trusts, insurance, financial aid, grants, scholarships, and loans. It compares and contrasts techniques and applies them to different income groups. Also includes numerous planning tips, charts, and examples.
• The Best Ways to Save for College : A Comprehensive Guide to State-Sponsored College Savings Plans and Prepaid Tuition Contracts (Joseph F. Hurley) may be the source for you if you’re trying to understand how Read the rest of this entry »