Setting Up A 529 Account For Niece

I got a wild hair today. Maybe I'll set up a 529 educational trust for my niece. And then my nephew. I don't think their parents have saved any money for their college or even thought about it, for that matter. And time is marching on. I looked it up and decided to open one in their state, but they can use the money to go to school wherever they want. I won't be able to save much money, but at least enough to help out. I am kind of excited about it.