@VlpRop76
How old are your children now?
@Hal_Al
Depending on the childrens’ ages, can you add anything about 529 plans? I believe the grandfather could contribute to a 529 plan in the name of each child and receive certain tax benefits. (These benefits would be for the grandfather, not the great-grandchildren. If the grandfather doesn’t care about his own tax breaks, he can give any amount to anyone for any purpose. Gifts over a certain amount must be reported and might be taxed, but that is a problem for the grandfather, not the grandchild or great-grandchildren.)
