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Reply to "Grandparents want to give $$$ to grandaughter. Does it need to go into trust?"
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[quote=Anonymous]My parents have given the kids some money -maybe $75k or so. Most went into a 529 that is in their name (but DCs are the beneficiaries). They also bought them some stocks, partly as an educational tool so they could understand the stock market (one kid loves it and follows his stock prices all the time, the other at least understands it). A trust shouldn't be necessary for $10k. [/quote]
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