How Humble 529 Savings Plans Can Be a Tool for the Ultra-Wealthy, Too
March 8, 2024
Stokes Family Office Managing Partner Doug Stokes was featured in a Barron’s article this week titled How Humble 529 Savings Plans Can Be a Tool for the Ultra-Wealthy, Too. Doug says “These plans are attractive for wealthy families because they provide a way for a parent or grandparent to transfer much more money to a child than they would be able to without incurring gift taxes.”
*Stokes Family Office does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.