It is a
grandparent’s right to spoil the grandchildren.
But if your
grandchildren have special needs, giving them large financial gifts may have
unintended consequences.
Many
grandparents of children with special needs are worried about their
grandchild’s ability to support him or herself and want to help out in any way
they can. But Michael Smith, co-founder of Savannah-based Smith Barid LLC,
which focuses on special needs planning, warns that some financial gifts may
actually hinder one’s grandchild from getting the support he needs.