Tax Expert Noel Spencer: Coverdell Education Savings Account Beneficiary Change
| 26 Jan 2018 | 04:07
![Tax Expert Noel Spencer: Coverdell Education Savings Account Beneficiary Change Noel Spencer](http://www.thephoto-news.com/binrepository/323x432/0c0/0d0/none/1050949/DYNQ/EXPERTS01_180129947_AR_-1_0_PN20180304180129947_MG2885407.jpg)
Noel Spencer
Yes, provided:
1. The terms of the particular trust or custodial account permit a change in designated beneficiaries (each trustee or custodian will control whether options like this one are available in the accounts they offer), and
2. The new designated beneficiary is a member of the previous designated beneficiary's family.
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