Episode 16: Big Money Moves: Diversifying, Funding Kids’ Futures, and Buying Abroad

This week’s episode starts with a question from an executive who has about half of their net worth tied up in company stock. Stephan walks through why that level of concentration can be risky, how a 10b5-1 plan works, and the tax and compliance considerations that come with diversifying. Next, we hear from a parent who has been funding their kids’ 529 plans for years and is close to fully funded. We talk about how to evaluate when you’ve reached the right balance, what to do to avoid overfunding, and alternative accounts to consider for future contributions. Then, we answer a question from a couple who has been wintering abroad and is debating whether to buy a home there instead of continuing to rent. We cover the additional costs, ownership structures, and estate planning implications of buying international property. Finally, in this week’s Term of the Day segment, Stephan explains CRTs (Charitable Remainder Trusts), including how they work, who they’re best for, and why they can be a powerful tool for managing appreciated assets. Have a question for a future episode? Submit it at scholarfinancialadvising.com/podcast.