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Consult an attorney to see if the funds can be placed in a trust that is to bve used only for Grandma's care. If you are paying her expenses out of current income, then you can still claim her as a dependent, but by getting ther funds out of your immediate access, it may be possible for it to not be counted for FA
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<p>There have been many postings (and much gnashing of teeth) on CC about how having money in a trust fund does not protect assets from financial aid. Finaid has information about it at:</p>
<p>So be very cautious about this idea which could tie money up to where you cannot actually access it while at the same time affecting your EFC.</p>
<p>ok that link will not post because CC thinks I am cursing - where the asterixes are it is the words "trust funds" but with no space between the t and the f</p>