Legitimate ways to reduce student's assets?

<p>Can you specifically identify expenses that you have paid for your son, such as fees for sports, camps, summer enrichment programs, etc? D1 attended a pricey Ivy-league summer program before her senior year and we used funds in her UTMA for it. </p>

<p>As stated above, paying income taxes out of the UTMA are a no-brainer.</p>