Question: a.) Discussion 1 Qualified Tuition Programs Qualified tuition programs under 529 enjoy significant tax advantages. Describe these advantages with regard to the: Federal Income .

 a.) Discussion 1 Qualified Tuition Programs Qualified tuition programs under 529

a.) Discussion 1 Qualified Tuition Programs Qualified tuition programs under 529 enjoy significant tax advantages. Describe these advantages with regard to the: Federal Income . Federal Gift Tax Tax Federal Estate Tax In your analysis, provide an example of the income, estate or gift tax savings associated with a Qualified tuition programs under 529 that estimates the savings for utilizing this tax planning technique. Note that you may need to make certain assumptions regarding your client's income level and/or tax rate. b.) Discussion 2 Trusts A local bank has asked you to speak at its Building Personal Wealth Conference on the topic of: "What Should Your Trust Do for you?" Develop a summary of one function that a trust might be able to accomplish for an individual who has more than a modest level of financial resources Your summary should include any benefits associated with a trust performing such a function. a.) Discussion 1 Qualified Tuition Programs Qualified tuition programs under 529 enjoy significant tax advantages. Describe these advantages with regard to the: Federal Income . Federal Gift Tax Tax Federal Estate Tax In your analysis, provide an example of the income, estate or gift tax savings associated with a Qualified tuition programs under 529 that estimates the savings for utilizing this tax planning technique. Note that you may need to make certain assumptions regarding your client's income level and/or tax rate. b.) Discussion 2 Trusts A local bank has asked you to speak at its Building Personal Wealth Conference on the topic of: "What Should Your Trust Do for you?" Develop a summary of one function that a trust might be able to accomplish for an individual who has more than a modest level of financial resources Your summary should include any benefits associated with a trust performing such a function

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