As higher education costs continue to rise, it’s important to consider how best to fund your child’s or grandchild’s education. I propose a multipronged approach to use tax-advantaged 529 plans, trusts, and term-life insurance.
Many of us choose to put a child’s name on the account. And we choose the most responsible child to handle that duty. This plan is fraught with potential problems, but the good news is that a better solution exists.
Giving appreciated stock in a company might be the right path for a business owner who is looking toward selling interest in a business with an inclination toward charitable giving and a desire to save money on taxes.
For an explanation based on an
Commonly called 'probate,†the laws that dictate the handling of a person's assets after their death usually depend on the state in which they reside. However, when it comes to real property, the laws regarding its administration are determined by