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No-Cost Webinar: College Financing Strategies During & After Divorce Part 1
September 15, 2020 @ 12:00 pm - 1:30 pm EDT
The question of who is going to pay for college can be complicated for separated, divorcing, and divorced parents. When your family is not involved with the probate and family court, there is typically no legal obligation to pay. However, you may be ordered to contribute when you are divorced or going through a divorce.
This two-part series is designed to get you prepared for the next step of your child’s life. The second part of this presentation will be held on October 20, 2020, from 12:00-1:30 pm. These events are designed to stand alone however for a clearer understanding of the process we encourage you to attend both.
The first presentation will focus on issues to consider when you are going through a divorce and are planning for your children to attend college. The second presentation will focus on issues to consider post-divorce or when your children are in college.
Molly Chung, Divorce Attorney at Casner and Edwards, will explain what to expect, provide insight into how you might avoid Court intervention, and discuss ways to plan for the future if a child is not yet of college-age.
Andrea McGrath, CFP, CDFA, Financial Advisor, Strategic Divorce Planning, will present strategies for paying for college as well as applying for The Free Application for Federal Student Aid (“FAFSA”).
Part 1: Planning for College While Getting Divorced
- Who pays for the kids’ college if you are divorced or divorcing/separating?
- Should the issue of who pays for college be addressed in the divorce agreement? If so, what terms should be included?
- What happens if there is money set aside in college savings accounts, or savings set up by other family members?
- Which parent should fill out the FAFSA form?
- Do you and your ex both need to include your assets/income in the form? What if either/both of you are re-married or living with someone?
- What are things to be aware of, and pitfalls to avoid, in filling out the FAFSA form?
- What are strategies you can utilize to increase the number of scholarships and financial aid you are eligible to receive?
- Which assets are required to be included, and which do not need to be included, in the FAFSA form? Do you need to include your house? What about your retirement assets?
Part 2: Will be held on October 20, 2020, from 12:00-1:30 pm- Click Here to Register
You will have the opportunity to submit your questions in advance and/or during the LIVE Webinar.
There is no charge for attendance. Advance registration is required. We will email the Webinar link to the registrants prior to the online event.
If you would like to register for this event with us directly, instead of via Eventbrite, please email Team@VestaDivorce.com or call us at 1-877-355-7649.
If you would like to connect with co-founder Deanna Coyle, you can schedule a 30-minute call with her using this link: calendly.com/deannacoyle.