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Money and Finances
Reply to "529 Money --Too Much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] You're the owner and your 7 year old is the beneficiary. He grows up, goes to school and uses 2/3 the money. Your intent is his kids use the remainder for school. You die and he becomes the owner and names his 2 kids as the beneficiaries. One gets a scholarship and the other uses 1/2 of the money. Your son dies and his wife becomes the owner. She names her grandchild from her first marriage as sole beneficiary. [/quote] The name of this child from the first marriage? Adolf Hitler. There. You have literally just paid for a fancy education for Adolf Hitler. Happy now?[/quote] :lol: :lol: :lol: :lol: :lol: :lol: [/quote]
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