Are Trump accounts good for real estate and taxes?

@James Carter, from the estate planning side, I would look at this as one piece of a much bigger plan.

I work with families who are trying to build something for their children, and one thing I’ve learned is that the account itself is only part of the question. I also want to know what the family is already doing. Do they own real estate? Do they have a trust? Are they saving for education? Are they building a business or other investments for the next generation?

A Trump Account may be useful for some families, especially if the child qualifies for the government contribution. But I would not treat it as a real estate strategy by itself.

For me, the better question is: how does this account fit with everything else you are already building for your child?

That is where I think the real planning comes in.