How a flexible credit solution supported Claire’s grandkids’ education
Claire, a retired teacher, wanted to help her grandchildren graduate debt-free. She and her late husband had built a $2.5 million portfolio that could cover the cost—but selling appreciated assets now would trigger capital gains taxes and possibly reduce the portfolio’s long-term value. Instead, her advisor introduced her to a securities-based line of credit (SBLOC), allowing Claire to fund tuition each semester while keeping her investments fully intact and compounding.
“Being able to give today and see the impact–that’s what made it so special.”
A recent study found that 62% of seniors list ensuring their grandchildren have the best opportunities, including education, as a top priority.¹
¹ TheSeniorList, November 20, 2024
