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Mar 1, 2016
What’s The Best Way To Gift Money For Education?
One of the most meaningful gifts a grandparent can give to a grandchild is a post-secondary education. Such a gift also takes some of the burden away from the child’s parents who may be struggling to save for their kids’ education while also dealing with a mortgage, daycare, hockey equipment and all of the other costs of raising a family. The question is: what’s the best way to structure that gift?
We recently worked with clients in this situation, and they asked us to...