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Financial Planning / Paying For College

URL:  https://boards.fool.com/as-a-father-of-a-14-month-old-i-was-curious-if-15460533.aspx

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?

thanks,
marc
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