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Reply to "Money, college and exILs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here with an update: I need to thank those PPs who said "they will bail because your ex has more kids". You were completely right. They have been financially supporting his a$$. And not just a check here or there. He can't even cover his mortgage, he has to have his elderly parents do it for him. They reached out to me after NYE, apologized profusely, said things were really awkward and that at most they can send an occasional gift card to my DS. We have figured out his financial aid, he is all set, he is going to school of his dreams, thank you 529 plan and scholarships. Lesson learned, DCUM - do not trust promises. And dear grandparents, instead of grand gestures, put your money where your mouth is. Open up a savings account or contribute to the 529 plan. [/quote] Thanks for the honest update. Things change and sometimes people make promises that they don't/can't meet. Glad to hear that you were able to make it work. Don't count on the money until it is in the 529 account![/quote] OP, I’m so glad you were able to make it work. Sounds stressful. My in laws give us a check most birthdays for the kids’ college. It’s our responsibility to actually put it in the 529. I guess, there’s some trust there because we *could* use it for ourselves. We don’t, of course. But anyway, it works for us so we have what they want to give and they can stop at any time, no pressure. There have been years where they had expenses and didn’t give us $. We know exactly how much we have available for college and control over those funds. [/quote]
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