Often, parents carry a misconception about expenses. One parent’s ideas of college costs might not include clothing or incidentals. Another parent might not agree to include the expense of gas or car insurance payments. It is important to define what both parties agree to pay for, and each party’s obligation.
College Funding Issues
Today’s technological advances have increased the different avenues leading to post-secondary education. Down the road, your child may not decide to attend a traditional four-year college. Between Internet courses, community colleges and Massachusetts state schools, your children may entertain several educational options. Your child may also decide not to attend college.
We can help you address these and other educational issues. We can draft an agreement that considers several scenarios. For instance, leftover funds could return equally or proportionally to both parents. This could also take effect if a child decides not to attend college. On the other hand, leftover college funds could also be set aside for graduate school expenses.
Free Initial Consultation
Contact us today for a free initial consultation with our lawyer to discuss your college planning and divorce agreement issues.