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Financial Planning / Estate Planning and the Fool


Subject:  Re: College for grandchild Date:  9/16/2013  10:59 PM
Author:  synchronicityII Number:  4201 of 4761

Good point but $2500 is a big hurdle to clear.

I'm assuming someone purchasing $1M minimum DB, likely more, and clients worth several mil minimum and up. Again, that's discussing ILITs generally, which is far afield of rad's question and Dave's answer.

All the more reason why an ILIT for college funding as a primary purpose is not something that makes much sense to me, BWDIK?

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