Holding 529 College Savings Plans Inside a Family Trust

#Lifestyle Wealth


Created under IRC Section 529, 529 college savings plans are savings and investment vehicles, overseen by the individual states, which provide tax-free investment growth when distributions are ultimately used for qualified educational expenditures. Creating a formal tradition of assisting family members with postsecondary education through an education fund will enable future generations to achieve their fullest potential. To ensure the continuity of an education fund, clients can create a

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