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Divorce Planning to Cover the Cost of College

Divorce Planning to Cover the Cost of College

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Aug 2, 2022 | Tax Planning

Careful college and tax planning through a divorce transition can result in the preservation of more of the income and assets of both parents and their children. The preserved income and assets can be used to fund future college costs of the children. Property...
Using Distance Education for a College Degree

Using Distance Education for a College Degree

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 25, 2022 | Colleges

The traditional image of college education features students in a classroom with a professor lecturing them. But lately, more and more students are opting to take college courses online from home. Instead of a classroom, students engage with their coursework,...
The College Level Examination Program

The College Level Examination Program

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 17, 2022 | Exams

The College Level Examination Program (CLEP) is the most widely accepted college credit-by-examination program in the United States. While Advanced Placement (AP) courses are usually taken by above-average students, CLEP exams benefit average and non-traditional,...
Using Testamentary Trusts for College Education

Using Testamentary Trusts for College Education

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 15, 2022 | Tax Planning

When a grandparent does estate planning, they often wish to provide for their grandchildren’s education. The grandparent may want to ensure that funds left for grandchildren are used to cover the expenses of college and nothing else. To achieve this result, a...
AP Exams Can Reduce the Cost of College

AP Exams Can Reduce the Cost of College

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 5, 2022 | Exams

There are two signs of the success of a student’s college admissions campaign: being accepted by targeted colleges and being able to afford them. The achievement of high grades on Advanced Placement (AP) exams fosters both outcomes. A proven way for students to stand...
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