A closer look Tax-Smart Approaches to Funding Education

Anthony L. Engel

Dec 04, 2019
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In Brief

  • College costs have been rising for decades. Adjusted for inflation, in-state tuition and fees for public colleges, for instance, have more than tripled in the past 30 years, and similar trends can be seen for private colleges and even independent primary and secondary schools.
  • Parents, grandparents, and others often want to provide education funding for children, grandchildren, or other young people in their lives. Given the significant costs of an education that could potentially extend from pre-K through college, what is the most tax-efficient way to provide financial assistance?
  • In this A Closer Look, we explore the potential benefits and drawbacks of several popular approaches to education funding.

If you would like to read more of this article, please download the PDF via the link above.

Principal and Fiduciary Counsel
Anthony is responsible for working with clients and their advisors to develop practical and efficient wealth transfer plans, and for guiding the firm on fiduciary issues.