|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Financial Planning / Tax Strategies |
||
|
URL:
http://boards.fool.com/if-their-parents-are-attempting-to-gift-the-money-30306140.aspx
|
||
| Subject: Re: Gift to 529 plan | Date: 10/8/2012 4:30 AM | |
| Author: foo1bar | Number: 116761 of 118709 | |
|
If their parents are attempting to gift the money to remove it from their estate, it may not be a good idea for them to be the owners. If it's for reducing estate-tax purposes, I think it's a good idea for them to open their own 529 with grand-kid as beneficiary. http://www.savingforcollege.com/intro_to_529s/are-there-gift... However I don't know what the deal would be for Medicaid |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||