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A Planning Pointer for Grandparents ...


A recently released IRS private letter ruling (“PLR”) stated that multi-year prepayments of tuition would not be considered a gift for tax purposes. A growing number of individuals are choosing to prepay multiple years of tuition for family members — addressing the increasing cost of education and intergenerational transfer of wealth. Please be advised a PLR is not
precedent setting.

Contact Information


Sharon Rippey P'12

Director, Alumni Relations
   
866-729-0314 srippey@hamilton.edu

Contact Information


Fred Rogers

Director of Annual Giving
     
866-729-0315 giving@hamilton.edu
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