Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarification
How much money would go into the accounts, also how long will they wait to file?
Under the bankruptcy code a debtor can put non exempt assets into exempt assets and not have to turn the assets over to a trustee.
As long as it is not a fruadulant transfer or a gift, the transfer to the 529 plan if it is exempt under your State laws, would be protected.
According to Bankruptcy Court interpretation on what is a fruadulant transfer the Court stated the trustee much establish each of the following elements: 1) that an interest of the debtor in property was transferred; 2) that the transfer of that interest occurred within one year before the date of filing of the bankruptcy petition; 3) that the debtor received less than "reasonably equivalent value" in exchange for the transfer at issue; 4) that the debtor was insolvent on the date of the transfer or became insolvent because of the transfer.
In this case I do not see an issue
If you have any further questions please do not hesitate to ask
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