Multi-Generational Planning

What We Can Do For You
  • College saving strategies
  • Gifting strategies
  • Tax implications of gifting assets
  • Trust analysis
Education Planning
When planning for their children's education, most parents are aware of the runaway costs of higher education. However, not enough parents are utilizing the tax-advantaged savings accounts available to save for education expenses. 
The two primary tools for education savings are Coverdell Savings Accounts and Qualified Tuition Programs (QTP), better known as 529 plans. We can model based on your savings and income whether or not these tools will be useful in your child's education.
In some cases, there are still funds available after your child leaves college. This begs the question of what to do with the saved assets if there are no more qualified education expenses remaining. This is also something we can help sort out, whether it will be optimizing the non-qualified withdrawal of the assets or transferring it to a new beneficiary.
Gifting And Estate Planning
If you are fortunate enough to have accumulated enough assets to gift to those in your life or for charitable purposes, then we can assist in planning these distributions.
Between the spousal rules for gifting, lifetime exclusion amounts, and valuing of assets, the gifting process can be daunting to begin. Start a conversation with us today to see how we can help you gift your assets in an effective and efficient manner.