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Reply to ""Fully fund" college... how much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We plan on contributing until the accounts hits $500k. Whatever the kids don't use will go the their children. This is a very efficient way to transfer wealth. [/quote] Yes it is. We don’t plan to close our kids accounts. One is thru college other is a junior. We plan to start contributing again in a few years exactly for that reason—-once it becomes apparent there will be grandkids, it is an excellent way to avoid estate taxes and help the next generations. We could easily find the next two generations of education [/quote] Next generations living off the fat of extreme wealth ($25M per dead married couple!) goes beyond helping into being destructive. [/quote] Jealousy alert[/quote]
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