Passing 529 Assets to Future Grandchildren
If a Parent has significant assets in 529s after educating their own children, can the Parent set up a way to designate that the 529 dollars will be split among future unborn grandchildren?
For example, can a Trust own the 529 assets and give instructions for how the assets would be dispersed? And if a Trust owns the 529, does that eliminate some of the advantages of using a 529?
Thank you.
Submitted by Steve Hengehold on Sat, 2020-03-07 18:27