Q7.16: Iggy's is 15 years old and lives in New Hampshire. She is a student, does not work, and plans to enter college once she graduates high school when she is 18 years old. Her grandparents want to be able to help her pay for college. They currently own shares of stock that could be used to pay for her education. What is the best option tax wise for them to make this gift to Iggy? Make the gift to Iggy as soon as possible to save paying taxes on the gain of the stock. B Her grandparents cannot make a gift to Iggy because she is only 15 years old. Open a custodial IRA account and transfer the shares of stock to the account. Make a transfer of the stock under the UGMA, which would not require taxes to be paid by either Iggy or her grandmother