Madge and Brent Jones want to establish an education account for their minor child, Tahoe. The Joneses
Question:
Madge and Brent Jones want to establish an education account for their minor child, Tahoe. The Joneses do not want to incur the expense of establishing a trust and they want to gift parcels of real estate into the education account. Which of the following should they use?
A. Coverdell ESA.
B. QTP.
C. UTMA account.
D. Section 2503
(c) trust
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
Question Posted: