As the cost of a college education continues to climb, many grandparents are stepping in to help. This trend has accelerated as baby boomers, many of whom went to college, are now grandparents and have started gifting what’s predicted to be trillions of dollars over the coming decades. ...
Determine how much control you want to retain over the money you gift to grandchildren. Consider the importance of potential tax advantages in your gifting decision.Whether for birthdays or the holidays, one way for grandparents to show they care could be through the gift of education. Many...
Grandparents' Gifting for College Education. The article examines the options available to grandparents who wish to give their grandchildren gifts for college. The tax implications of a gift are expla... Brown,Dawn - 《Aaii Journal》 被引量: 0发表: 2010年 ...
(53 percent) of grandparents are already saving or plan to start saving to help pay for their grandchildren's college costs. While it may not be as flashy as the latest gadget, money that's contributed to a dedicated college savings account (like a 529 plan) can reap long-term benefits ...