Tag: college
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How an Inheritance Can Impact College Financial Aid—and Steps to Minimize the Effects
By JASON GRAY Pinnacle Law PLLC For families planning for the future, understanding how an inheritance could affect a student’s financial aid eligibility is crucial. The Free Application for Federal Student Aid (FAFSA) uses a formula that considers both the student’s and parents’ income and assets to determine financial need. Receiving an inheritance—whether during the…
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Planning for College in Your Estate Plan
By Jason Gray PINNACLE LAW PLLC One of the greatest gifts you can give your grandchildren is the gift of education. As part of your estate plan, considering the financial aspects of your grandchildren’s college education can make a significant difference in their future. Planning for college not only secures their access to higher…