Aunt opens college savings accounts for nieces and nephew to support education costs

A woman has opened college savings accounts for her three nieces and nephew, aiming to cover one-third of their future education costs. She emphasizes that the children can choose their paths, whether that includes college or not. The aunt, who has no children of her own, wants to support her siblings by easing the financial burden of education. She plans to teach the kids about the costs of college and the importance of making informed choices. While the accounts are intended for education, the aunt is open to other uses, like starting a business or buying a home. However, she will control the funds and set age requirements for withdrawals.