Helping the Grandchildren with College Funds
Dear Mr. Premack: The banks aren’t paying any interest these days, and our children are having difficulty staying afloat, let alone saving for the grandchildren’s’ college. We are comfortable financially, and would like to set some money aside as a college fund. If we simply make gifts into a UTMA account, how would it function as the years pass? – W.G. Your grandchildren will have a difficult time running the maze and figuring out how to navigate the modern world. Your assis