School has Started: What is a 529 Plan for Higher Education? - Monday, September 2017 Who can setup a 529 plan? a) Anyone can setup a plan. Typically it is setup by a parent or a grandparent. Who can be a beneficiary of a 529 plan?
https://www.youtube.com/watch?v=MnHOteqz2eE What is the "Death Tax" and how could it effect you? The Death Tax is actually the federal estate tax. Congress recently moved the tax exemption level to over five million dollars. This means that if you have an estate worth more than about five million dollars when you pass away, there might be a tax on your estate. Call us at (913) 262-2000 or contact us on our website if you have any questions.
Beginner& Guide to Death, Estate, and Inheritance Taxes: What is an estate tax?
Credit shelter trusts are a way to take full advantage of state and federal estate tax exemptions. Although such trusts may appear needless unless you are a multi-millionaire, there are still reasons for those of more modest means to do this kind of planning, and one of the main ones is state taxes.