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.
Thanks
Larry
--
Larry B. Macy, Ph.D.
macy@upenn.edu
Senior IT Program Director
Neuropsychiatry Section
Department of Psychiatry
University of Pennsylvania
3400 Spruce St. - 10 Gates
Philadelphia, PA 19104
"Anyone who slaps a 'this page is best viewed with Browser X' label on a Web
page appears to be yearning for the bad old days, before the Web, when you had
very little chance of reading a document written on another computer, another
word processor, or another network."
-Tim Berners-Lee in Technology Review, July 1996
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