Putting 529's into a trust

RenoJay · Post by **RenoJay** » Sat Oct 18, 2014 12:24 am

My friend is going through a divorce and his ex wife wants him to put their kids' college accounts (529's and UTMA's) into a trust, presumably to ensure safe-keeping. Are there any downsides from a tax or other standpoint to putting these kind of accounts into a trust?

HoosierJim · Post by **HoosierJim** » Sat Oct 18, 2014 7:30 am

There a list of advantages and disadvantages in this article about How to Make a Trust an Account Owner of a 529 Plan.

RenoJay · Post by **RenoJay** » Sat Oct 18, 2014 2:43 pm

Thanks very much. What about UTMA accounts...any trust implications there?

Bogleheads.org

Putting 529's into a trust

Putting 529's into a trust

Re: Putting 529's into a trust

Re: Putting 529's into a trust