It's the first time your son or daughter will go off into the world. Even though you'll spend 18 years preparing your child and yourself for that moment, you'll be amazed at how quickly it arrives. It's a monumental step for the whole family.

Make sure you're prepared with a solid financial plan. Life insurance from Allied Roth can help - providing an efficient, tax-advantaged way for parents and grandparents to set aside funds for a child's education, and giving the peace of mind that his or her education will be paid for should anything happen to you.