Document Type
Article
Publication Date
1-1985
Abstract
A plan for reduction of educational costs should take federal transfer taxes into account. The method chosen for reducing income tax liability usually will involve making gifts. To the extent that it is convenient to do so, the transfer tax consequences of making such gifts should be minimized. This article will examine the estate and gift tax consequences of the income tax reduction arrangements described herein and will consider means of structuring the transactions so as to minimize those consequences.
Recommended Citation
Kahn, Douglas A. "The Funding of Children's Educational Costs." College of William & Mary Annual Tax Conference (1985): 9-88.
Included in
Education Law Commons, Estates and Trusts Commons, Taxation-Federal Estate and Gift Commons, Taxation-State and Local Commons