Grandchild in College? Paying Tuition Could Save Gift and Estate Taxes
Now’s the time of year when many young adults are about to head back to college — or to enter their first year of higher education. If you have a […]
Now’s the time of year when many young adults are about to head back to college — or to enter their first year of higher education. If you have a […]
After years of putting money in your 529 college saving plan, you’re ready to start taking withdrawals to pay tuition bills. Do you know the rules for keeping the withdrawals […]
In addition to estate and gift taxes, a third tax applies to assets you transfer to someone two or more generations below you, such as your grandchildren. This “generation-skipping transfer […]
Giving away a substantial sum or valuable asset to a beloved heir may be fulfilling, even fun. But it shouldn’t be just a hobby; it’s serious business. Everyone who’s built […]