Learning Library Quick Answers Investment Planning

How are real estate time shares treated on the FAFSA and on the Profile?


Answer: Time shares ae not included as an investment on the FAFSA or Profile.....

How can I get funds out of an UGMA/UTMA?


Scenario: A client is a high school senior. He has $40,000 in an UTMA account. He will not turn 18 until late March. What are the ....

How do I open a 529 College Savings Plan account?


Answer: Each state has a plan either in place or under development and the plan can be accessed via the internet or by contacting ....

How do you change the beneficiary on a 529 College Savings Plan account?


Answer: Each Plan Manager will maintain their own forms for the purpose of updating beneficiaries on accounts.....

How does the 529 College Savings Plan affect qualification for financial aid?


Answer: Under the existing rules, a 529 College Savings Account will be treated as an asset of the owner and not an asset of the b....