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Estate Planning
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Do you really need a will?
Trusts
Charitable Giving
Retirement Benefits
Another Estate Tax Reduction Idea
Make a gift to the institution your favorite student attends, to be used for the student’s tuition. The student need not be your child or grandchild. The gift must be used for tuition, as opposed to books, room and board, living expenses or other education-related costs. The institution must be a qualifying one, but it can be a nursery school, elementary school, middle school, high school or post-secondary education facility. Your estate is reduced by the amount of this gift and it is exempt from gift tax under Section 2503 (e) of the Internal Revenue Code.
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