College Financing Strategies During & After Divorce - Northborough, MA

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Atwood Cherny PC

9 Monroe Street

Northborough, MA 01532

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Are you divorced or divorcing and wondering how to plan for your children's college? Come to our workshop on College Financing Strategies!

About this Event

The question of who is going to pay for college can be complex for separated, divorcing and divorced parents. In the absence of a court order there is typically no legal obligation to pay. What also needs to be considered is the question of whether your support obligation or your receipt of support will be affected by contributions to schooling.

Catharine (Cate) Blake, a seasoned Divorce Attorney at Atwood Cherny, will explain what to expect, provide insight into how you might avoid Court intervention, and discuss ways to plan for the future if a child is not yet of college age.

Andrea McGrath, CFP, CDFA, Financial Advisor, Strategic Divorce Planning, will present strategies for paying for college as well as applying for The Free Application for Federal Student Aid (FAFSA).

These and other important issues will be addressed:

  • Who pays for the kids' college if you are divorced or divorcing/separating?
  • Should the issue of who pays for college be addressed in the divorce agreement? If so, what terms should be included?
  • If your kids are in college, does that reduce the amount of child support that you are required to pay/entitled to receive?
  • Which parent should fill out the FAFSA (The Free Application for Federal Student Aid) form?
  • Do you and your ex both need to include your assets/income in the form? What if either/both of you are re-married or living with someone?
  • What are things to be aware of, and pitfalls to avoid, in filling out the FAFSA form?
  • What are strategies you can utilize to increase the amount of scholarships and financial aid you are eligible to receive?
  • Which assets are required to be included, and which do not need to be included, in the FAFSA form? Do you need to include your house? What about your retirement assets?
  • If you are divorced and did not address the kids' college in your divorce agreement, are there steps that you can take now to require your ex to contribute?
  • If your income has decreased substantially, while your ex's income has increased, can you take steps to require your ex to pay for a greater proportion of the college expenses?

This event is intended to be partly informational, partly social, and totally empowering ... in a welcoming and interactive setting. It will include a chance to socialize with other attendees and speak one-on-one with Cate and Andrea.

At this event, there will also be Parent Coach Beth Greenawalt to answer any parenting-related questions you may have.

Complimentary refreshments will be provided.

There is no charge for attendance. Advance registration is required. If you would like to register for this event with us directly, instead of via Eventbrite, please contact Deanna at 508-744-6014 or Team@VestaDivorce.com.

To find out more about this and other informative and social events hosted by Vesta, go to our website at VestaDivorce.com. Or like us at Facebook.com/VestaDivorce.

Date and Time

Location

Atwood Cherny PC

9 Monroe Street

Northborough, MA 01532

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