Tan and Chia are contemplating making a contribution to their grandchildrens education fund. They are both retired,
Question:
Tan and Chia are contemplating making a contribution to their grandchildren’s education fund. They are both retired, have a significant amount of discretionary income and are concerned about estate transfer taxes. Which of the following education planning techniques would you recommend?
a. Prepaid Tuition.
b. Coverdell ESA.
c. UGMA or UTMA.
d. 529 Savings Plan.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
Question Posted: