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  1. #1
    Join Date
    Feb 2008
    Location
    Maine
    Posts
    1,650
    Depending on how much money you are talking about, maybe you and other relatives could look at setting up a 529 plan for the child. And tell the parents, that is the child's gift.

    This is what we're trying to encourage our families to do, since college tuitions are rising everywhere, doesn't matter if you're talking about public, private, 4-year or 2-year. It's never to early to start saving.

    EDIT: Just realized that you are in Canada and that maybe you don't have 529s there.... but maybe there is a similar savings plan up there?
    Last edited by NbyNW; 12-10-2011 at 05:01 PM.
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  2. #2
    Join Date
    Apr 2008
    Posts
    3,176
    Once they reproduce, their offspring get something.
    Or send 'em fruitcake (or something) for the family.
    Or send a card.
    Each day is a gift, that's why it is called the present.

  3. #3
    Join Date
    Sep 2011
    Posts
    369
    I think you don't have to say anything to them. A gift is willingly given, not something that should be expected. I would say nothing, give them their token gift this year and next year just send a card. You don't owe anyone an explanation.

 

 

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