Transfer Tax Benefits with 529 Plans

By: Randall A. Denha, J.D., LL.M.* Not only are Section 529 plans an excellent way to fund a child’s future college expenses, but they’re also an important estate planning tool.  Today, all 50 states and the District of Columbia offer 529 college savings plans.  Also known as qualified tuition programs, these are tax-advantaged investment opportunities…

Indiana Closes Loophole

In Indiana, the state will be switching from a prepaid sales tax on gasoline, which was collected from retailers, to a gasoline-use tax based on a rolling monthly statewide average that is collected from distributors. The tax rate could change from month to month depending on the average price for gasoline. For the month of…