Navigating 529 college savings plans during a divorce can be complex, as they involve financial, legal, and custodial considerations. Here’s a breakdown of key steps and considerations to help manage them effectively:
Divorce brings a lot of changes, and adjusting can take time. From new living arrangements to different family traditions, it’s normal to feel a mix of emotions—some days may feel exciting, while others may feel overwhelming. The good news is that, with time and support, life can feel normal again, even if it looks a little different.
Telling your children about your divorce can be one of the most difficult conversations you’ll face as a parent. It’s crucial to approach this discussion with empathy, careful planning, and clear communication to help them process the news and feel supported.
Navigating the emotional challenges of divorce is tough, especially for children. Our selection of books provides guidance to help them cope with their parents’ separation. Titles like “My Family’s Changing” and “Dinosaurs Divorce” offer reassurance, easing the transition for both kids and parents. Whether your child is 4 or 12, there are resources to support them. Explore our recommendations and empower your child to embrace new beginnings.
Disclaimer: Information found on Onward.Life, and in this article is for informational purposes only and should not be considered legal, financial, or tax advice. For guidance on your specific situation, please consult with a qualified attorney, financial advisor, or tax professional.