How to Pay for College for a Grandchild or Someone Else

What do grandparents or benefactors need to know about paying for a family member’s college tuition? Tax experts offer recommendations to grandparents and loved ones on how to contribute to a student’s education without jeopardizing grants and paying taxes. The American College of Trust and Estate Counsel, ACTEC, is a national association of approximately 2,400 peer-elected lawyers and law professors from across the United States and abroad with expertise in estate planning, probate and trust administration.