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Is my daughter’s prepaid college fund a marital asset?

On Behalf of | Dec 1, 2014 | Family Law

Yes. Depending on the plan, usually only one parent is listed as the owner and the child is the beneficiary. The huge problem with that is the threat that one parent may liquidate the fund. In the final judgment of dissolution of marriage, it is important if you feel the other party will use the fund for their own benefit, to request the Court to order it to you or to place a restriction on its use.