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Financial Planning / Paying For College


Subject:  Re: Parent vs Child Assets Date:  7/27/2001  9:01 PM
Author:  steinbergm Number:  4095 of 8558

As a father of a 14 month old, I was curious if anyone regrets putting the money in your child's name. It seems to create a lot of financial aid problems that would be avoided by keeping the money in your own name. I realize this strategy negates the possibility of an Ed-IRA or a 529plan so there are certainly pros and cons to both.

Any thoughts?

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