August 9, 2002

Personal Finance: 529 plan offers viable estate planning tool

By

At some point, all of us figure out who Santa Claus really is. The gifts tend to lose a little luster from that point as the toys turn into clothes and eventually gifts with receipts and two-minute explanations.

For some, Santa is a mere warm-up. For families with deep pockets, at the top of the tree, the New Year rings in the excitement of knowing you’re worthy of receiving another $11,000 (up from $10,000 beginning in 2002) per willing and able giver. Suddenly, that holiday hangover doesn’t feel so bad.

Investor profile

Let’s consider the case of Nick and Grace.…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Columns Guest Opinion
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