Facts:
- niece, age 3 soon to be 4
- dual citizen, U.S. & Croatian
- lives in Croatia
- parents - not financially savvy or stable
I have a niece turning 4 in January. I have been begging my sister to set up a savings account of any kind for her since she was born. It hasn’t happened. My sister lives in Croatia.
I don’t want a 529/coverdell plan with a limitation to U.S. schools. IRA won’t work. Thinking of going UGMA as the money will belong to my niece and my BIL won’t be able to take her money away.
Any advice on where to go to set this up for her? This will be my not so exciting gift to her for her birthday.