Comments on 529 Plans Help with Estate PlanningTypePad2008-04-21T10:29:00ZNAhttps://www.freemoneyfinance.com/tag:typepad.com,2003:https://www.freemoneyfinance.com/2008/04/529-plans-help/comments/atom.xml/jason commented on '529 Plans Help with Estate Planning'tag:typepad.com,2003:6a00d83451bcbd69e200e55220412e88342008-05-02T03:09:17Z2008-05-02T03:09:17ZjasonThis is a great article. I've been considering taking this route. Any input on how to link this strategy with...<p>This is a great article. I've been considering taking this route.</p>
<p>Any input on how to link this strategy with a Living Trust to ensure the account owner can be transferd, and, to spell out how funds are to be used by future generations? Would you do this in your living trust or in another trust document?</p>aaktx commented on '529 Plans Help with Estate Planning'tag:typepad.com,2003:6a00d83451bcbd69e200e5520b5da188342008-04-23T00:05:58Z2008-08-30T05:32:48ZaaktxCan you only make the 60k contribution at the beginning or is this something you can do throughtout the lifespan...<p>Can you only make the 60k contribution at the beginning or is this something you can do throughtout the lifespan of the 529? I understand that a tax form is involved and that during those 5 years you cannot contribute additional amounts without being subject to gift tax. The owner of the 529(parent or grandparent) can change the beneficiary but what happens when he expires? </p>
<p>I have two young kid(21months and 2 1/2 month old. My wife and I max out the annual contributions to both but are curious as to what is a better plan.</p>