I would start with Crummey trusts for your kids.
Also, you are a perfect example of why rich people shouldn't contribute to 529s. Tuition checks are exempt from gift reporting/gift tax. You have traded capital gains taxes for estate taxes. You may not have known how successful you would become 20 years ago, so I am not judging.
Also, you are a perfect example of why rich people shouldn't contribute to 529s. Tuition checks are exempt from gift reporting/gift tax. You have traded capital gains taxes for estate taxes. You may not have known how successful you would become 20 years ago, so I am not judging.
Statistics: Posted by toddthebod — Tue May 07, 2024 8:31 am — Replies 30 — Views 2654