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College and University Discussion
Reply to "Second home in Colorado, how hard to qualify for in state tuition?"
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[quote=Anonymous]Op - be sure you talk to a financial planner and a good accountant that knows you current state tax law vs CO state tax law for estates. It sounds like you have $ you might want to protect longterm (if you own two houses) and states can vary a lot on what is exempt from estate tax when you die. This sort of tax hit for your heirs could be much larger than what you save on tuition to get in state tuition for 2-3 years. (I have no idea what CO laws are - but based on current estate work we did for family - CA uses federal exemption amounts vs WA that exempts far far less) [/quote]
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