Natalie

Pay it towards the debt.

Well, I'm assuming it's going to be the 11.5.

Yeah, thanks, Ken and George, for taking my call.

I've got a question.

When my son and daughter were born, my wife and I made lump sum contributions to their 529s and their UTMA account, and now they're 9 and 12, and those accounts have grown to be over $1.3 million.

Wow.

I wanted that.

Yeah, I wanted to ask you guys what you thought we should be doing to prepare them, whether we have wills and other things, what we should be doing to prepare them for the future.

Half of the lump sum went into a 529 for each of them, and then half went into a UTMA account for kind of ancillary expenses they might have.

The initial lump sum for each of the 529s was $141,000.

We had saved before they were born and made that contribution when they were.

I'd like to say that they'll make their own decision when the time comes.

I have my own feelings, but I think they'll use the 529s, at least some of it,

Okay, yeah, I'm not sure.

That's the goal.

And look, they're already listening to you guys.

So hopefully they do exactly what you said.

What else should we be doing?

I mean, they're not, like I said, we have our own resources and we have wills and a trust set up for ourselves, my wife and I. But what should we be doing for them?

Okay, so that's not something we would need to address now.