Coverdale ESA vs. 529 Plan (Savings for education expenses)?

My niece is turing one very soon and I was thinking of setting up an account for her for future education expenses. Here are the facts: 1) I live in a different state than she does 2) My sister does not have the same last name as her (she has not changed yet, but she will eventually) 3) I do not have a... show more My niece is turing one very soon and I was thinking of setting up an account for her for future education expenses.

Here are the facts:

1) I live in a different state than she does
2) My sister does not have the same last name as her (she has not changed yet, but she will eventually)
3) I do not have a lot to put down right now to open the account

Thanks for your help!
3 answers 3