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Reply to "Grandmother went overboard with slipping cash to me this visit..return it?"
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[quote=Anonymous]My husband's grandparents used to do this, which made us all feel terrible because we all earned more $$ than their generation ever had. So the family put together a separate savings jar/account (I don't remember if it was an actual separate bank account or not), and whenever they gave someone money, it went into the jar. Then when the grandparents needed big ticket items (insulation for the house, a new mattress), the kids used that money as a gift to the grandparents to help pay for the expenses. As the grandmother developed Alzheimer's, the gifts got bigger and more frequent, so this ended up being a way to keep an eye on the money before any of the kids had power of attorney.[/quote]
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