Divorcing? How to Protect Your Child’s College Funds

Divorcing? How to Protect Your Child’s College Funds | Vickie Adams

Recently, I was quoted in a Reuters article which showcased various ways that families save funds for their children to attend college. Sometimes in my work as a Certified Financial Planner®, I use the example of divorce as a way to communicate one of the best reasons to hold funds in a 529 college savings plan. Oftentimes, when a divorce occurs, any nebulous chunk of cash that’s been commingled with other savings is one of the first to be diverted from its initial purpose—for example, college.

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