College Financial Planning

College Financial Planning is a most important area for every family. In 2006 Mr. Reisman was awarded the designation as a Certified College Planner from the National Institute of Certified College Planners.

If your accountant isn't knowledgeable with college planning, that $1,000 deduction may have cost you $4,000 of financial aid.

Planning for a child's college education means that you may not be saving for your own retirement; and to add insult to injury, college costs are paid with after-tax dollars.

Our mission here is to accomplish both college savings and retirement savings. This means planning to help the student receive the highest financial aid possible.

• We work with our clients: • We work with our clients: • We work with our clients: • We work with our clients.

to structure their income and assets to their best advantage. to avoid the retirement fund problem. to avoid incurring second and third mortgages for college expenses.

The most important step is to begin the college planning as early as possible - preferably from infancy, but definitely no later than the freshman year of high school.

The second most important step is to have a family discussion concerning your finances - and your child's desire to attend an expensive out-of-town college.

The other things you must do to prepare for college are:
(in no special order)

• Prepare for the ACT/SAT Tests
• Investigate a Career Path
• Investigate each college
• Apply to 6 - 8 Colleges, including Private Colleges
• Apply Early for Admission
• Always apply for Financial Aid
• Negotiate the tuition with the college

As this area is so important, we offer a comprehensive financial planning service to take advantage of this complex area.