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Old 03-09-2008, 06:17 PM   #1
audiophile
Senior Member
 
Join Date: Mar 2005
Location: Land of Hope and Dreams
Posts: 1,137
Dividing college funds among siblings

Haven't seen today's NYT column by The Ethicist discussed yet:

Quote:
I began saving for my two sons’ college education 18 years ago through U.G.M.A. accounts, whose funds revert to the beneficiary at 21. My older son attends a state school and could have $100,000 remaining when he graduates. My younger son will likely go to a private school and perhaps grad school and could deplete his account. May I ask my older son to share his remaining money with his brother?
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