Forum Discussion - Will Putting Money In a Whole Life Insurance Policy Help With Financial Aid?
Tuesday December 2, 2008
One of our readers posted an interesting question in the Saving for College forum today.
We'd love to hear some different points of view from our regular readers, so here you go:
"If a parent has $300,000 in cash and a son that was accepted to a very expensive school, does it make sense to 'hide' $100,000 of that cash in a whole life insurance policy so that the child will qualify for more financial aid?"
I heard from several sources that people didnt recieve the product they bought from amazon
is this true?