Education Funding

The cost of post-secondary education is often one of the most significant expenses a family will encounter. Questions are often asked, such as:

• How much do you need to save if you plan on helping pay for your children’s (or grandchildren’s) education?
• What is the most tax-effective way of saving for your children’s education?
• Should you use a RESP or an informal trust of capital gains producing investments?

Next Steps

The earlier you can establish a plan to address the potential expenditures for post-secondary, trade school, etc., the greater the chance you will be prepared to meet those costs. This process can generally be accomplished in 2 – 3 hours.