Inheritance windfall/High assets - LOW income

MattsMomFL
Tue, 20 May 2008 08:51:37 +0000

Well, this is getting even more complicated, if you can imagine that. Bulk of assets is in trust set up in another will from another person in 1971 (!) and accountants are now exploring the tax implications (if any) from it passing to me directly as contingent beneficiary of that will. It may be awhile before anyone is interested in answering my college financial planning questions, but I’ll keep you posted.

I love all the ideas and will explore each and every one - thank you!

Bogart, I have every intention of contributing to my kids’ education. Chill.