The recent devastating fires on Maui have left us deeply saddened. The suffering of all those affected weighs heavily on our hearts. Sterling & Tucker, LLP has been assisting Maui residents for over 20 years. Our dedicated team of attorneys is here to provide unwavering support and guidance during this unparalleled time. In an effort to support the fire relief efforts on Maui, we have made a donation to the Hawaii Community Foundation’s Maui Strong Fund in honor of our treasured clients on Maui.

529 Plans: Planning for Education with a Tax and Asset Protection Bonus

Planning is important when providing for your children or grandchildren. But planning for their education has special importance and may have special advantages. This article looks at how 529 plans may have tax advantages when providing for education. Further, the article looks at how such a plan may provide asset protection in bankruptcy, as well.