Grandparent owned 529

Mom2Players
Thu, 23 May 2019 14:42:43 +0000

Fortunate to have some help coming from a Grandparent (my mother) to help pay college expenses for her 2 grandchildren. We will need to use the funds from grandma for the first time for junior year semester abroad fees due next month. Are there any advantages to switching the 529 owner from grandma to parent at this point or is that unnecessary due to FAFSA using 2 year old taxes? Thanks for any guidance regarding this question and my apologies if I posted in the wrong forum.