 If you're a grandparent, wouldn't you love to give something to your grandkids? You've got some choices. You want to just send them a check or leave them some money in your will or your trust. Now, that sounds simple, but there's a lot more complexity to it. I have an idea. Why not help pay for their college or help pay for outstanding unanticipated medical expenses? That can be done with a grandparent's trust inside of your living trust. In other words, inside of your living trust, we could spell out provisions that show how the money would be spent from the grandchildren's trust. You can spell out, I want certain amount of money spent from my grandchildren's education or spent in case some extraordinary medical occurrences happen. Would that be a better idea or would it be better just to give them a lump sum of money that they spend on movies and cars that don't last very long? I think it's better that grandparents give a sum of money that has meaning.