Description

529 Plans: What Every Planner Needs to Know Nancy E Shurtz ISBN 9781641059541

While much wealth transfer occurs through inheritance, inter vivos spending on education has become an equally—if not more—important component of family wealth planning. This practical and accessible guide focuses on Section 529 plans, offering a clear comparison with other education planning strategies. The authors explain why thoughtful planning is essential for funding K–12, college, graduate, and professional education, outline the rules governing these options, and demonstrate how education planning can be effectively integrated into a broader framework of financial, tax, retirement, and estate planning.

Although Section 529 plans are the book’s central focus, the guide also provides a comprehensive overview of alternative education savings vehicles. It further addresses strategies for covering education costs when savings fall short, including practical guidance on financial aid planning.

Throughout the book, Planning Pointers highlight critical issues and decision points commonly encountered in education planning. Detailed appendices—including a glossary, acronyms and abbreviations, relevant statutes, sample forms, and additional resources—offer valuable support for practitioners.

Serving as a clear roadmap for developing effective education financing strategies, this guide combines straightforward explanations with practical tips. It is a valuable resource for estate planners, general practitioners, tax attorneys, accountants, financial planners, trust officers, and financial aid administrators alike.

529 Plans: What Every Planner Needs to Know Nancy E Shurtz ISBN 9781641059541, 978-1641059541 & 9781641059558

Authors
Nancy E Shurtz
Alexander B Fitch
Robert Tirrell