What creditors can seize a child's college or 529 account?

Creditors generally cannot seize funds in a 529 college savings plan or a custodial account for a child, as these accounts are often protected from creditors. However, if the account owner is a parent or guardian and they face bankruptcy or legal judgments, creditors might be able to access the funds. Additionally, if the account is considered part of the parent’s assets during asset evaluation for financial aid, it could impact the child’s eligibility for aid. It’s important to consult with a financial advisor or legal expert for specific situations.