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[quote=Anonymous]The restriction on the gift limit is per person per recipient. In other words, each grandparent can write a check for up to $15,000 for each member of the family. That means that grandma can write one check for 15,000 to mom and one 15,000 check to dad and grandpa can write one $15,000 check to mom and one $15,000 check to dad. As well as each of the kids. It would have to be multiple checks to avoid the inheritance. You may also consider cross posting on the private school forum. You’ll find many people there that can afford private school however, the grandparents are paying. It is partly a wealth transfer. The reality is if you spend less on private school than that money further down the line for your child for college or down payment on a house or whatever..[/quote]
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