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Reply to "Irrevocable Trusts impact on FA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The FA form will ask about this but if your kids don't have access to these funds before the age of 25 (did I read that right?!) then no, it should not count against FA. 1 million is not a lot of money, they need to invest those funds so they have a comfortable adulthood like OPs mom wanted for them.[/quote] It’s insane to me that a family who has $2M to be used for solely for education thinks they are still entitled to FA. [/quote] Exactly[/quote] +. -financial aid family [/quote]
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