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Home / Opinion Digests / Domestic Relations / Domestic Relations – Equitable Distribution – Classification – 529 Savings Plan – First Impression (access required)

Domestic Relations – Equitable Distribution – Classification – 529 Savings Plan – First Impression (access required)

Our state’s 529 Savings Plan criteria say that plan participants “retain[] ownership and control over the Account,” and that their children, as the account beneficiaries, have “no control over any of the Account assets.” The court rejects the defendant-wife’s argument that the 529 Savings Plan accounts that the parties set up for their six children ...

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