Theodore Alden-Cho

Generated from Theo’s facts by ArkLegacy’s sourced planning rules. Educational only - each routes to the right professional. Not advice.

• 529 education plan

  Theo is a minor (age 6) with no education account on file.

  Likely eligible

  Possible benefits

  • Tax-deferred growth; federally tax-free qualified education withdrawals (IRS)
  • Front-loading (superfunding) may be available - confirm with the CPA

  Important limitations

  • Current contribution limit not verified from an official source - professional review required before relying on any figure.

  Assumptions: Education funding is a family goal · Contributions treated as annual-exclusion gifts

  Source

  IRS ↗

  Effective

  TY2026

  Reviewed

  Jul 22, 2026

  Review by

  CPA / tax

  Create a task to model a 529 contribution and open the plan with the CPARULE 529 · TY2026 · NOT ADVICE

• Custodial account (UTMA/UGMA)

  Theo is a minor; a custodial account can hold gifts managed until the state age of majority.

  Likely eligible

  Possible benefits

  • Flexible (non-education) savings for the child
  • Simple to open at most custodians

  Important limitations

  • Assets become the child's at the age of majority
  • Unearned income may face the kiddie tax (IRS Topic 553)

  Assumptions: Gifts are intended to be irrevocable · Kiddie-tax thresholds reviewed by the CPA

  Source

  IRS (kiddie-tax topic) ↗

  Effective

  State law

  Reviewed

  Jul 22, 2026

  Review by

  CPA / tax

  Create a task to discuss a custodial account with the CPARULE utma · State law · NOT ADVICE

• Designate a guardian

  Theo is a minor with no guardian designation on file with the Alden plan.

  Needs information

  Missing facts

  • Named guardian and successor in the estate documents

  Possible benefits

  • Closes a continuity gap for a minor child

  Important limitations

  • A legal designation - drafted and filed by the estate attorney

  Source

  Estate attorney (state law) ↗

  Effective

  Estate practice

  Reviewed

  Jul 22, 2026

  Review by

  Estate attorney

  Create a task for the estate attorney to add a guardian nominationRULE guardian · Estate practice · NOT ADVICE