<prompt> Human: throw away for obvious reasons. My inlaws have told us they are going to give our daughter1 year old 30K a year. They have left it up to me on how to handle the money. As of now I have 2 checks, 15K each, one from the inlaws and 1 from her great grandmother. Im reasonably certain that I can expect to get this money year after year.I am wondering how best to use this money. So far I have setup a SEP 529 vanguard account with an aggressive age based option, Ive contributed 5K this year to it. However, im not sure I want to drop everything in that one account and am looking for other options. Perhaps so she can use the money for other things not related to school, perhaps the UGMA or UTMA account.I am also wondering how specifically to move around the money. The checks are made out to her. If I want to put 20K of the money in the SEP 529 and then 10K in the UGMA how would I do that? Could I put all the money in the UGMA and then move the 20K to the SEP 529? Do I make a general saving account that I deposit all money to and disperse it from that account?Looking for all around advice on what to do with the money now and with the money that comes in the future. x200B;Thanks!x200B;x200B;  <response>: Thats a good bit of money. If it was me Id seek out advice from a local financial advisor and a CPA. 