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[elleng]

I'm a retired Federal employee with a decent pension, small Social Security, and survivor Federal pension and Social Security income. I also have investments, managed, almost $80,000. I have 2 young grandsons, one 1 year old, and one 5 months old, and there may be more grandkids in the future.

Daughters will receive my investment assets, 50/50, 'transfer on death,' but am thinking of what I might do for grandsons' educations. Daughters received large sums after their father, my husband, died, and one has a good job in occupational therapy, as well as a large house, other daughter has decided to stay at home with the baby. Their cash flows, investments and savings vary.

I'm thinking about what I might and should do for grandsons' educations. Set up some sort of special funds for them? Educ savings? Bonds? or keep everything in my investment account and let their parents deal with their educations.

Thoughts?

Thanks