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As the official owner of the account, they won’t be required to do that; they can take the money out and do anything they want with it so be sure to weigh this risk before titling college funds in someone else’s name.
Source: https://www.forbes.com/sites/danielleseurkamp/2023/06/26/maximizing-financial-aid-under-new-rules/
The 34-year-old also documented the fiasco in a TikTok video, titling the clip ‘Our honeymoon journey from hell’, as new wife Sophie contributed to the voiceover.
They’re tough to really judge, from difficulties in titling and insuring the cars to questions over how well they were repaired.
Source: https://jalopnik.com/dopest-cars-found-for-sale-online-saab-pickup-corvette-1850988759