Reply to 529s for nieces and nephews

Forum Index » Family Relationships

Reply to "529s for nieces and nephews "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I wouldn’t do it unless it was equal amounts. Someone will find out and feel less loved no matter the situation. [/quote]

Obviously this depends on the family.  We are in a very different financial situation than my sister’s family.  We have savings and will be able to pay when mine go to college.  I would have no problem if someone set up accounts for my niece and nephew and not my kids.  We don’t live locally but visit and my children are well aware they grew up differently than their cousins whenever we visit.  If this were our family and I had a say I would want the college savings to go to them and not my kids.  Mine are taken care of.  [/quote]

Yes and it would be totally fine for you to tell the person to give it to your sibling. OP has no idea what went into some siblings saving more than others. Let the sibling be the one to make the kind gesture to insist OP give more or all to the one who does not have much in the 529. That only keeps harmony. OP is still seen as generous and nobody feel slighted or punished. I would go into to making it equal, not saying "how do you feel if I give it all the the ones with nothing in the 529?" Nobody should have to plead their case to OP or throw the sibling with less under the bus because they have some inside info OP doesn't know.

[/quote]

Why would anyone plead their case? I do not understand. This is a gift. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics