After reading all these posting on transfering UTMA to 529's I'm still a little confused. I know both accounts impact finacial aid eligibility. But is one better over the other?
We set up out UTMA's over 13 years ago, don't have large sum in them, but with 1 year till college ( or maybe not) Where is the best place for the money? The state I currently live in gives tax benefits so that has piqued my interest. My daughter has no immediate plans on going to college. That has me concerned that a she will have a windfall at 21. Any advice welcome.