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Reply to "MIL's erratic generosity making it hard to plan"
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[quote=Anonymous]We are in a similar situation with my inlaws. We know they are saving for college for our kids. However, they haven't told us how much so we have no way of knowing if they are saving $50/month per kid or $20k/year per kid into the 529 accounts they have for our kids. Either is possible based on their income (FIL still works as a law partner). I have NO idea and I doubt they will ever share until the kids turn 18. They have a history of controlling information. It's a weird position to be in because we don't know if we should aggressively save for college or if the inlaws are planning on paying. So we save into our own 529k plans as if they aren't. Personally I think it would be SO much easier if the communication were open about things like this. I expect nothing from them but it would just be much easier to plan if they are indeed planning on paying. [/quote]
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