Larry,
Thanks for setting this up.
Kevin V.
Tuscarora, Pa
On Apr 14, 2011, at 10:28 AM, Macy Larry wrote:
> I am in the process of creating a fund in Frankie V's name at PNC.
> This is a memorial fund and can be used by Frankie IV to open a 529
> for Frankie V later (a 529 can only be opened by a family member).
> All you would have to do is mail a check to PNC with the fund name
> and it goes right into it.
>
> Sending money direct to the family has an adverse tax issue for
> them, not for you.
>
> Other options, if you do not want to wait for later in the day for
> me to get the fund created and the info for it, would be a Savings
> Bond (that was Theresa's idea).
>
> I will post back to the lists as soon as I have the account open.
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