Anticipating college tuition bills is nerve-wracking for most parents — and can be even scarier if you're in the midst of a divorce.
Yet careful planning can help ensure you put your children in the best possible position to get a higher education following the dissolution of your marriage.
About 4 in 10 marriages end in divorce, according to a recent study by TD Ameritrade. Yet two-thirds of married couples don't have a financial plan in the even of divorce of a spouse's death.
That can have a real impact when it comes to planning for college costs, which have been going up at a rate of at least about 3 percent per year, according to the College Board.