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Reply to "Giving money to the grandkids when you don't speak to parents?"
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[quote=Anonymous][quote=Anonymous]I would write everyone a letter establishing your durable power of attorney and that annual cash gifts are part of a comprehensive estate plan approved by a financial planner. Then just cut the checks. If the recipients are adults, you don’t need to do anything else. I would personally want to inform the parents barring a really good reason not to, but I don’t think you have an obligation to do that if they’re not minors. [/quote] This. Plus receipt and release document[/quote]
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