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Reply to "ISO advice on whether to fill out the FAFSA form - 529 in grandparent's name FBO the grandchildren"
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[quote=Anonymous][quote=Anonymous]I think you need to have a heart to heart conversation with your mother. 3 educations is expensive and you need to know if/when you will have to contribute. Are you an only child? If your mother requires skilled nursing care, does she have the money? At $450,000 you will not receive any federal money. [/quote] +1 The secrecy seems really weird. She set these up for her grandkids. You need to understand, in advance, what the budget is. Does she understand the penalty she will pay if she decides she wants this money for her own expenses?[/quote]
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