Most parents aren’t looking forward to the cost of sending their kids through college. For those of you who really want to get a head start, here’s a scheme that will help maximize your college savings, albeit via rather quirky means.
Some time ago, a friend approached me with a question that no one had ever asked me before: Is there a way to establish a tax-favored college savings plan for a child who hasn’t been born yet? As it happened, he and his wife were planning to have a child within a year or so. They had some cash …Read More