A primary goal of estate planning is to financially provide for your loved ones. One way to ensure that they are set up for lifelong success is with an inheritance that pays for their education. Higher levels of education are positively correlated with better life outcomes, including improved health, longer lifespans, and higher incomes.[1] However, education […]
529 plans
529 Plans – What You Need to Know from Austin Estate Planning Lawyer Liz Nielsen
According to U.S. News and World Report, for the 2019-2020 school year, the average cost of tuition and fees is $10,116 at an in-state public university and $36,801 at a private university. (It can even exceed $50,000 at some schools.) This does not even include housing, books, and meal plans, which typically add thousands of […]