The pursuit of education has become increasingly expensive in recent years, often presenting a significant financial burden for families striving to support the dreams of their children and grandchildren. We recognize the importance of education as a pathway to success, and we’re committed to helping you navigate the complexities of funding higher education.
Tax-Advantaged Accounts: We’ll explore the benefits of tax-advantaged accounts, including 529 College Savings Plans, Coverdell Education Savings Accounts, UGMA/UTMAs, and even IRAs.
Maximizing Financial Aid: We’ll highlight strategies to maximize financial aid packages, allowing you to take full advantage of resources available through the government, private foundations, and the institutions themselves.
Strategic Gifting: We’ll explore gifting strategies that avoid common pitfalls and maximize the impact of your contributions – and perhaps the contributions of others – toward education and/or training expenses.
Minimizing Loan Costs: If loans are necessary to fund education expenses, we’ll help you minimize borrowing costs. In addition to various education programs like Perkins, Stafford, and PLUS, we can evaluate home equity loans or even credit lines on assets under management. We’ll assess your options and help you choose the most cost-effective solution.
Education is a valuable investment in the future, and we’re here to help you reduce its impact on your financial resources.