Just to add… I like the idea of yousetting one up. It gives you options over the next 20 years. Maybe the parents divorce, maybe it turns out the parents will withdraw the money someday for an emergency, maybe thekids just hates you. Who knows. But if I wanted to setaside funds over the long haul in a 529, I’d want the control over it and how its invested.
Just to add… I like the idea of yousetting one up. It gives you options over the next 20 years. Maybe the parents divorce, maybe it turns out the parents will withdraw the money someday for an emergency, maybe thekids just hates you. Who knows. But if I wanted to setaside funds over the long haul in a 529, I’d want the control over it and how its invested.