The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Gift to 529 plan Date:  10/8/2012  4:30 AM
Author:  foo1bar Number:  116761 of 124776

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.

However I don't know what the deal would be for Medicaid
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us