Although qualified tuition plans under § 529 are treated favorably for gift tax purposes, such plans are included in the gross estate upon the grantor's death.

Question

Quizplus · Accepted Answer

Qualified tuition plans under § 529 are generally not included in the grantor's gross estate upon death, as contributions are considered completed gifts for federal tax purposes, removing them from the estate.

Although Qualified Tuition Plans Under § 529 Are Treated Favorably