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29-5. Which of the following is the most appropriate asset for Colleen to give to her nephew James so that he can start saving for

29-5. Which of the following is the most appropriate asset for Colleen to give to her

nephew James so that he can start saving for his children's education?

A. Colleen establishes a 529 Plan and

makes gifts to the 529 Plan.

B. Colleen has low basis securities that she

can liquidate to give James cash.

C. Colleen has an IRA she wishes to give to

James.

D. Colleen has a stock that has declined in

value that she wishes to give to James.

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