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[Spridgets] Frankie V Fund

Subject: [Spridgets] Frankie V Fund
From: pchast at francomm.com (Pete Chast)
Date: Thu, 14 Apr 2011 12:33:35 -0400
References: <CD9DC6CE-AD95-47CC-87A5-D5016F8F7E0E@mac.com>
Good Larry,

I was wondering how to go about this. I've decided to send a check for
such a fund instead of spending the same funds for the trip to the wake.
I don't think I would handle the 3 hour trip very well right now anyway.

Please let us know when you have the details.

Thanks,
Pete
Athens, NY



On Thu, 14 Apr 2011 10:28:49 -0400, Macy Larry <lmacy at mac.com> wrote:

>
> I am in the process of creating a fund in Frankie V's name at PNC. This  
> is a memorial fund and can be used by Frankie IV to open a 529 for  
> Frankie V later (a 529 can only be opened by a family member). All you  
> would have to do is mail a check to PNC with the fund name and it goes  
> right into it.
>
> Sending money direct to the family has an adverse tax issue for them,  
> not for you.
>
> Other options, if you do not want to wait for later in the day for me to  
> get the fund created and the info for it, would be a Savings Bond (that  
> was Theresa's idea).
>
> I will post back to the lists as soon as I have the account open.
>
> Thanks
>
> Larry
>


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