Jeff - Founder/CEO - A UTMA is in the child's name, so 20% of the assets are con... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Bricejm on Aug 29, 2012 \| parent \| context \| favorite \| on: TrustEgg (YC W11) Allows Anyone To Set Up A Trust ... Jeff - Founder/CEO - A UTMA is in the child's name, so 20% of the assets are considered for financial aid. http://www.axa-equitable.com/plan/education/can-UGMA-UTMA-ac...

danielweber on Aug 29, 2012 [–]

It reduces your financial aid package 20% each year.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact