When you are contemplating your legacy, you will ask yourself how you can have a positive impact on your loved ones that persists after you are gone. If you have youngsters on your inheritance list, you can potentially give them the gift of a college education. Giving someone the ability to reach their full potential is a very meaningful act. The benefits begin when the young student recognizes the fact that college is in their future. During the preparatory years, they will always have their … [Read more...] about An Overview of 529 College Plans
legacy planning
Legacy Planning: Things That Money Can’t Buy
Legacy planning can be broadly defined as a more comprehensive, complete form of estate planning. People with considerable resources have opportunities to create a legacy beyond their money, a legacy that will persist after they are gone. If you are in this position, you can be creative about the way that you provide for your loved ones. Charitable giving may be part of the plan. Aside from direct contributions, you could establish a private foundation or establish a donor-advised fund with … [Read more...] about Legacy Planning: Things That Money Can’t Buy
