When saving for future weddings, is it better to have separate accounts for each kid or to have one general account for all of them?

Ultimately it doesn't matter, the math will work out the same. I have a single one that I use for all future simchos (bar mitzvahs and weddings)

I think it depends on a few factors. Some might include • how soon they are, because you will need different asset allocations for different goals. For example, a wedding in 2 years might be in bonds/cash while a wedding in 20 years might be in $VTI, so in that case it should be separate. • how organized you feel like you want to be in general • how much excess you have. If you have more than enough anyway, it can be overkill to separate everything out into its own bucket

This actually has me wondering about withdrawal strategies for simchas, do you just bulk withdraw from it at X amount of time before? Also since these will be in taxable accounts are there strategies for avoiding it? One way I could think of is to donate the stock to a DAF and pay yourself back from your maaser you take off your paycheck.

This actually has me wondering about withdrawal strategies for simchas, do you just bulk withdraw from it at X amount of time before?

It depends on the broader picture, how close you are towing to the line. RightCapital helps a lot for determining this when it is time to make a specific decision like that for a simchah

Also since these will be in taxable accounts are there strategies for avoiding it? One way I could think of is to donate the stock to a DAF and pay yourself back from your maaser you take off your paycheck.

Smells illegal

And how do you manage sequence of return risks since this will be a few bulk withdrawls several times over your lifetime?

Financial planning software 😄

tax mitigation strategies are not generally illegal 🙂

Avoid paying taxes on your investments? I’m not sure what your question is here but it smells illegal

Perhaps limiting it is a better way to say it, but the suggestion I made seems like a reasonable way to avoid the taxes, by donating the actual stock to a DAF you don't need to pay taxes on it, if you pay yourself back from maaser off your paycheck it should all be the same without any taxes

and donating stocks to charity and avoiding giving charity in teh future because you've already given so much does not either sound illegal

Maybe I misudnerstood his question. I thought he was going to pay for the wedding out of the DAF. Like if you pay for tuition out of a DAF, you are breaking the law. So to by weddings

Lol yeh misunderstanding. I meant ways to access the money without paying taxes on it.

Are you saving in an account in your name or UTMA / UGMA? If it's in the child's name, the first $1000 or so of capital gains is tax free, so it's worth selling and rebuying any stocks that went up, and it might be worth separating it out so you can lock in the gain per child. If you are going to funnel it to a DAF, the gains won't be taxed so it's not an issue anyway