In the Headlines
September 17, 2016
Building an Education Trust
Barron's
Educational trusts come in all shapes and sizes. The number and ages of beneficiaries and grantors can determine how effective a trust can be. Since tax implications can be substantial, it is smart to methodically think through the process. Private Wealth Attorney Joshua Husbands advises leaving room for the unknown, perhaps an unexpected emergency or a tax code change in the trust.
"You always need some release valve," Mr. Husbands said.