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Subject:  Re: funding grandkids college Date:  9/13/2009  9:43 PM
Author:  ResNullius Number:  15669 of 22292

I'm probably in the minority on this, but I wouldn't do anything specific with the money. I would keep it within your own investment portfolio or trust, or whatever you have under your ownership and control. When the time comes, you can give as you see fit based on the circumstances that exist at the time. If you are worried about being dead by that point in time, then you can set something up in your will, like a trust for each grandkid with whatever amount and limitations you think appropriate. I think this is better than setting up trusts now or setting aside money in their names in personal accounts. Just my two cents.
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