529 plan in a relative's name - how to use it?

<p>We did have one profile school with the supplementary question of how much money was also held in 529’s owned by other relatives for the applicant’s siblings, I guess to see if money was being hidden in that way.</p>

<p>Thanks for the reminder that the calendar year is important, wis75. We will be receiving our first college bill any day now, and I need to brush up on all the rules for 529 withdrawals.</p>