FAFSA question

FAFSA question

So I'm filling out my husband's FAFSA and they ask about investments, which includes 529 plans. We have a 529 college fund for our son, his great grandparents gave us the money and asked us to set up a fund, so it has my husband's name on it, as the person who set it up. Do we need to claim it on my husband's FAFSA? It doesn't seem quite fair that we would have to since it's not an option for my husband to use it for college. If we do have to claim it, it's only about $500, do you think that will make a difference? Our EFC should otherwise be 0, so I would hate for it to be $500 instead based on our son's college fund. If that's the case, you think it would be possible to have the fund transferred out of our names and under the names of my son's great grandparents? Or would we have to still claim it as long as my son is the beneficiary even we were no longer the account owners? Thanks!
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