In my last blog entry, I wrote about using permanent life insurance to fund a child’s college education. Now I am going to expand on that topic, this time from the perspective of a grandparent who wants to utilize his or her $14,000 annual gift tax exemption (per recipient) for the purpose of giving one […]
Author: Adam W. Slocum
Adam Slocum is a Financial Services Professional with New York Life. His practice focuses on working with young families looking for clear and practical advice on how to better plan and protect their financial future. For a free consultation, please call me at 646-227-8631.
College Funding Strategy: Permanent Life Insurance
From generation to generation, Americans have taken pride in educating their children. Today, that’s a more expensive proposition than ever. In fact, college costs have risen faster than most other prices in our economy. Five, ten, or fifteen years from now, sending a child to college will likely test your financial resources. Yet, there is […]