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URL:  https://boards.fool.com/coverdell-esa-transfer-27235527.aspx

Subject:  Coverdell ESA transfer Date:  12/1/2008  12:06 PM
Author:  AlisonWonderland Number:  7530 of 8536

Youngest, who is probably not considering grad school, has a Coverdell ESA (which, of course, has lost value since it was opened -- yeah, i know coulda shoulda woulda and hindsight is 20/20, etc. <sigh>). Oldest may start a grad program next year. My understanding is that Coverdells can be transferred to a family member. What's involved in that? What paperwork? And regarding the paperwork, is it the current value or the original contributions? Tax consequences (and I'll post on the Tax board next.

Any information or links would be much appreciated!

TIA ~~ Alison
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