Reply to Giving money to the grandkids when you don't speak to parents?

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[quote=Anonymous][quote=Anonymous][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]

Oh, I had not thought of this at all! Thank you.

In this letter, I could also ask them for the address to send a check or for their bank account info to transfer the money. One of the nieces said she preferred not getting a check (when I asked their preference for a graduation gift), so I was thinking people that age don't use checks as much as us older people.

Thank you! The answers here have been really helpful!

OP[/quote]

Younger people just use Zelle.

But she can figure out how to use her banking app to deposit the check.  Consider that a secondary gift of an adulting life lesson.[/quote]

Exactly.[/quote]

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