529 Plan Beneficiary Rights

Summary

In Pennsylvania, the owner of a 529 plan controls the assets and can change the beneficiary. If you suspect misuse, seek legal advice. At 20, you can negotiate directly or consider mediation. Accessing the funds without the owners permission is not possible.

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Pennsylvania
Hello, in Pennsylvania, the owner of a * plan controls the assets. If your aunt is the owner, she can change the beneficiary. However:
- If there's a suspicion of misuse, you could seek legal advice.
- If you're of age, you might negotiate with her directly.
- You may also consider mediation.
I’m *
Hello, being 20 years old, you have the right to independently seek legal advice. You might consider discussing the issue with your aunt or getting a mediator involved. If you feel there's misuse of the * plan, you can report it to the relevant Pennsylvania authorities.
Is there any way to get the money without her permission?
As per Pennsylvania law, the owner of a * plan has control over the assets. Without the owner's permission, you cannot directly access the money. However, you can seek legal advice or consider mediation to resolve the issue.
Ok thank you
You're welcome! If you have any other questions or need further clarification, feel free to ask. Remember, it's always beneficial to seek legal advice in complex matters like these. Good luck!