| Learning Library Quick Answers Investment Planning |
Scenario: If a parent contributes money to a state sponsored 529 plan in their state but the 529 owner is the grandparent, can the....
Answer: Any person can be a beneficiary whether it is a related person such as a child, grandchild, spouse, etc., or someone who i....
Answer: The beneficiary, whether a parent or child, must include an asset value.....
Answer: Under the existing ownership rules, an account owner has the ability to name a successor owner on the account if he or she....
Answer: UGMAs are the child's assets, no exceptions. A parent or guardian will be custodian of the UGMA/UTMA and the child is the ....