Education Legacy Planning: Top Strategies for Grandparents
Tuesday, December 13, 2022
10:00 AM – 11:00 AM PDT
Location: SCC: 611-614
CE: 1 CFP CE Credit(s)
Level of Complexity: Overview
Education planning with grandparents offers advisors a terrific opportunity to engage with and provide value to multiple generations of a family, including those who could be prospective clients.
Many grandparents want to help their grandchildren with college, but are unsure how to do so in ways that don’t negatively affect the parent’s strategy and are fair to the rest of the family.
We will explore a variety of gifting and investment strategies, discuss a significant new planning opportunity with 529 plans, and provide a framework for advisors to help clients determine whether they want to treat grandchildren equally or equitably.
Learning Objectives:
Understand a variety of strategies to help grandparents contribute to college for their grandchildren.
Advise clients on the favorable new college financial aid changes for grandparents.
Engage multiple generations of a family and if they have grandparent clients, offer value to children of those grandparents as a way to potentially gain them as new clients.
