FYI: After inheriting a considerable sum of money, an elderly matriarch of a New England family decided that the best thing she could do for her clan’s younger generations was to establish savings for their college education. But she encountered a common dilemma: Should she fund tax-free 529 plans, or forgo their generous tax benefit and create a trust to cover education costs?
Regards,
Ted
https://www.barrons.com/articles/theres-a-better-way-to-fund-a-college-education-1538134200
