LEGAL GUIDE
Written by attorney Molly B. Kenny

Divorce and 529 Plans

529 plans are tax-free savings plans that are designed to help parents pay for their children's college education. When parents contribute to this plan, it becomes a marital asset that must be considered in property division during a divorce.

Additional resources provided by the author

To understand how you can divide the 529 plan, and protect your child's financial future, speak to a family lawyer.

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