@originaldohnthornton: What’s the biggest mistake families make paying for college? Paying directly with post-tax dollars. 529 plans. Loans. Retirement withdrawals. Most people spend years trying to save for college inside statutory law structures filled with limits, restrictions, and taxable events. Then they still end up writing massive checks personally with fully taxed money. That’s backwards. A contract law spendthrift trust changes the structure completely. Make your children beneficiaries of the trust. Now college tuition, housing, books, travel, and education-related expenses paid through the trust become trust expenses that are tax deductible to the trust. And since the money is already being spent anyway… why not run it through the trust first and create the deductions? Plus, the trust provides powerful lawsuit protection, far greater privacy, and no taxable events. Same college education. Completely different financial outcome (info purposes only; not a licensed tax, legal, or accounting professional) #taxdeductions #taxreduction #taxsavings #tuition

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