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Nursing homes & 529 plans?


I have a client who is the primary contributor to his grandson's 529 college saving plan (Connecticut, IIRC?). The plan 529 is in the name of the grandson's parent, the grandson is the beneficiary and the grandfather is the contributor. If the grandfather goes into a nursing home in the near future, does the nursing home have the right to access any past contributions to the 529 or future contributions to cover the grandfathers nursing home costs? Thanks in advance if there are any websites that offer advice on similar matters, please include as well.

The nursing home can't touch money that isn't directly in the name of your client. The 529 plan can be used for educational purposes only. The account isn't in the name of your client anyway.

I am in IL, so not sure if it is the same, but my understanding is no. The 529 account is to be used for educational purposes only. I am 41 right now and if I have a stroke tomorrow and am disabled, even I can't take it out for my care. The only thing I can do is transfer it to another family member for education funding if (God forbid) something happen to my daughter or she doesn't go to college. It is NOT a savings plan, it is a college fund.

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