Planning is important when providing for your children or grandchildren. But planning for their education has special importance and may have special advantages. This article looks at how 529 plans may have tax advantages when providing for education. Further, the article looks at how such a plan may provide asset protection in bankruptcy, as well.
529 Plans: Planning for Education with a Tax and Asset Protection Bonus
Latest posts by Michael O'Brien (see all)
- Donor Advised Funds: Too Good to Be True? - October 14, 2021
- Changing “Irrevocable” Trusts Through Judicial and Nonjudicial Modification - October 7, 2021
- Advantages of Using a “Grantor Trust” in Planning - September 30, 2021
