Invested money in student's name, big mistake

<p>muffy333, vballmom,
Thanks for your response. D will attend college in the fall-that’s the reason we are debating whether or not to make this move, I will certainly work out the profile both ways-with and without. You are right that we will not have to report it on FAFSA but I didn’t even think about how the colleges would look at the UTMA/529.</p>