I am a grandmother, and I want to help pay for the tuition for my grandchild’s day care and education at a nice day care facility. Then, my daughter and son-in-law can work without worry. They own their own business, and they both need to focus some quality time on the business, while maintaining my grandson as top priority. My toddler grandson will benefit from the education and interaction with the other children at this particular day care, but it is darn expensive. Should I give the money directly to my daughter or to the day care? Is there a tax advantage one way or another?
– Grandmother of the best grandchild ever…
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