Wealth Management
Education costs have risen significantly faster than inflation. Because of these escalating costs, education planning has become a high priority for parents. Sheridan Road analyses our client’s education funding needs based upon time frames, schooling preferences, and investment tolerances, by developing a funding program consistent with cash flow abilities. Our recommendations will review the tax implications of various education funding vehicles and ownership methods. Sheridan Road has the ability to help our clients’ fund education needs using a variety of investment vehicles such as 529 Plans, Coverdell Education IRAs, UGMA/UTMA accounts and Life Insurance as a tool to fund education expenses. Our experienced team has the ability to evaluate each state’s 529 Plan to determine the most appropriate choice based on tax implications, investment availability and performance.
