Subject: Re: Favorite Charley Quotes
"Instead, I bought and held Berkshire stock for them with after tax money. As a bonus there is much more flexibility with how you can use the proceeds. And you avoid the fees in the 529 investment alternates - which was a bigger deal back then than now."

I did the same for my grandkids and even just gifting the annual limit that doesn't have to be reported becomes a massive number of dollars over time.

Plus I will pay their tuition directly to get more money out of my estate.

That way they can let these funds compound for a very long time.