My parents want to start a trust or a 529 for my future kids (I think they're trying to give my wife and I a hint that they want grandkids already). Any information or links on the different ways they could do this for kids that aren't born yet?
While we're at it, my wife and I have also thought about creating a 529 for our future kids. We've maxed out all retirement accounts already. I've heard you can do this by setting up a 529 in your own name and then transferring to your kids after they are born? Has anyone does this? Any thoughts?
While we're at it, my wife and I have also thought about creating a 529 for our future kids. We've maxed out all retirement accounts already. I've heard you can do this by setting up a 529 in your own name and then transferring to your kids after they are born? Has anyone does this? Any thoughts?
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