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Tan and Chia are contemplating making a contribution to their grandchildrens education fund. They are both retired, have a significant amount of discretionary income and

Tan and Chia are contemplating making a contribution to their grandchildrens education fund. They are both retired, have a significant amount of discretionary income and are concerned about estate transfer taxes. Which of the following education planning techniques would you recommend?

a. Prepaid Tuition.

b. Coverdell ESA.

c. UGMA or UTMA.

d. 529 Savings Plan.

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