There were two funds. See post 50.
I’ve always wondered how these things are taxed. I always heard that only ‘gifts’ below a certain amount were tax-free...
Thanks. Wish they had these funds 50 years ago. I would have gone with a sob story and gotten enough money to buy me and my sons a house. I’ve never owned one. Couldn’t afford it when they were little, and by the time I made enough money to pay a mortgage, they were ready to leave the nest, and I didn’t need one.