How Humble 529 Savings Plans Can Be a Tool for the Ultra-Wealthy, Too

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.”

Click here to read the full article. 

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Stokes Family Office is 100% Family Owned, and has been continually operating in the New Orleans Area for over 35 years.  As a family office, we are focused on family wealth, financial planning, and tax planning. Want to hear more from our team? Check out the Lagniappe Podcast.