a school of design established in Weimar in 1919 by Walter Gropius, moved to Dessau in 1926, and closed in 1933 as a result of Nazi hostility. 2. of or relating to the concepts, ideas, or styles developed at the Bauhaus, characterized chiefly by an emphasis on functional design in architecture and the applied arts.
From Wikipedia, the free encyclopedia. A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. Â§ 527).
Thus one method of dealing with the financial aid impact of a custodial bank or brokerage account is to liquidate the account and transfer the proceeds into a custodial 529 plan account. If money is transferred from an UGMA/UTMA account to a section 529 plan, the section 529 plan should be titled the same as the UGMA/UTMA account. When the child reaches the age of trust termination, the child will become the account owner for the section 529 plan. The custodian is not permitted to change the beneficiary of the section 529 plan, because the responsibility of the custodian to use the assets of the UGMA/UTMA account for the benefit of the child does not terminate when the funds are withdrawn from the account.