Once the money is in the UTMA, I think it can be used to fund an UTMA-based 529 if that is of any help. That would treat it significantly more favorably for college financial aid assessment than if it is in a regular UTMA account.
Once the money is in the UTMA, I think it can be used to fund an UTMA-based 529 if that is of any help. That would treat it significantly more favorably for college financial aid assessment than if it is in a regular UTMA account.