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?
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Thread: Etiquette question
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12-10-2011, 08:32 AM #5
don't jinx it
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Last edited by NbyNW; 12-10-2011 at 05:01 PM.
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