The Motley Fool Discussion Boards

Previous Page

Financial Planning / Estate Planning and the Fool

URL:  https://boards.fool.com/all-the-more-reason-why-an-ilit-for-college-30873493.aspx

Subject:  Re: College for grandchild Date:  9/16/2013  11:38 PM
Author:  Dwdonhoff Number:  4202 of 4746

All the more reason why an ILIT for college funding as a primary purpose is not something that makes much sense to me, BWDIK?
The only reason I know of anyone using an ILIT for tuition planning is to get it out of the control of someone who expects they may be currently or in the future included in disqualifying aid calculations.

I certainly get nothing out of suggesting them, that's a lawyer thing... and defending them against those who may want to breach them is far beyond my paygrade.
Dave Donhoff
Leverage Planner
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us