Tips To Teach Tuition To Somebody Else: Jefferson Prep
- 11 years ago
Jefferson Prep
For the past five years, Gerald and Marjorie Good have been contributing thousands of dollars a year to help many of their grandchildren through school.
As the items glimpse it, the prime benefits are conspicuous: value educations and less liability for the grandchildren.
The side advantages are furthermore appealing: the Goods used 529 college keeping accounts, which do not levy buying into gains; and their assistance are not counted as part of their general riches for estate-tax reasons.
“I considered it was the right thing to do,” said Gerald Good Sr., previous owner of a Ford dealership in Randolph. “It’s strong for people to pay for school these days and we wanted to help.”
Jefferson Prep
For the past five years, Gerald and Marjorie Good have been contributing thousands of dollars a year to help many of their grandchildren through school.
As the items glimpse it, the prime benefits are conspicuous: value educations and less liability for the grandchildren.
The side advantages are furthermore appealing: the Goods used 529 college keeping accounts, which do not levy buying into gains; and their assistance are not counted as part of their general riches for estate-tax reasons.
“I considered it was the right thing to do,” said Gerald Good Sr., previous owner of a Ford dealership in Randolph. “It’s strong for people to pay for school these days and we wanted to help.”
Jefferson Prep