As tax laws and education costs continue to evolve, high-net-worth families are increasingly turning to 529 plans not just for college savings—but as powerful tools for wealth transfer and legacy planning. In this advanced session, estate planning attorney Alan Gassman, J.D. LL.M., will guide you through the tax, estate, and gifting implications of using 529s as a "Dynasty 529 Planning" strategy. i.e. a strategy that uses 529 plans as intergenerational vehicles to fund education and reduce estate tax exposure.
Alan S. Gassman is a board certified Trust and Estates lawyer and the founder of the Clearwater, Florida law firm of Gassman, Crotty and Denicolo, P.A., which is an 8 lawyer firm that focuses on the representation of high net worth families, physicians and business owners, and their companies in estate planning, taxation, and business and personal asset structuring. Mr. Gassman has published well over 200 peer reviewed articles with publications such as Bloomberg BNA Tax & Accounting, Trusts and Estates Magazine, Estate Planning Magazine, The Florida Bar Journal, Forbes, and Leimberg Information Services Inc. (LISI).
Mr. Gassman holds a law degree and a Masters of Law degree (LL.M.) in Taxation from the University of Florida, and a business degree from Rollins College. Mr. Gassman is board certified by the Florida Bar Association in Estate Planning and Trust Law, has the Accredited Estate Planner designation from the National Association of Estate Planners & Council, has maintained an AV rating from the Martindale-Hubbell for over 20 years and is listed in both Best Lawyers in America and Florida Super Lawyer
By the end of this webinar, attendees will be able to:
- Explain the core principles of Dynasty 529 Planning, including the strategic use of long-term compounding and multigenerational beneficiary designations.
- Evaluate the impact of SECURE Act 2.0 provisions, such as the Roth IRA rollover opportunity for unused 529 funds, and how these changes affect long-term planning.
- Identify estate and gift tax strategies using 529 plans, including the use of super-funding and leveraging annual exclusion gifts.
- Analyze practical case studies involving large family education trusts and the coordination between 529s, trusts, and grantor strategies.
- Apply compliance and risk management best practices, including how to document beneficiary changes and properly allocate assets among multiple children or grandchildren.