The Gift of Education

Suppose you told clients about an annual gift-giving program that would allow them to give up to $55,000 per beneficiary, repeat the process again and again, and defer federal income tax on the gift until it was used and probably avoid it altogether. Then imagine the reaction if you designed the plan to enable clients to control how the gift will be invested and ultimately spent, to change beneficiaries

Suppose you told clients about an annual gift-giving program that would allow them to give up to $55,000 per beneficiary, repeat the process again and again, and defer federal income tax on the gift until it was used — and probably avoid it altogether. Then imagine the reaction if you designed the plan to enable clients to control how the gift will be invested and ultimately spent, to change beneficiaries with the stroke of a pen, and even to take back the gift if they chose to do so.

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

TAGS: Archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish