Planning for College while the kids are young

Actions: We reviewed his investment portfolio as a whole and discussed his risk tolerance and tax position. We identified and implemented strategies for education funding, including transfer of assets to the children and creation of Section 529 education funding plans for them. Our plan included strategies to minimize his current tax liability and protect his large holding in the company’s stock.

Result: Our client has peace of mind in that financial need will not prevent his children from attending the college of their choice. Because our plan also projected the growth of his assets until retirement, he is also secure about his own retirement plans.