Why this grandma gifted $100,000 a year to her grandchildren while she was still alive
Linda, a retired lobbyist, decided to gift $100,000 annually to her grandchildren while her mother, who has a substantial inheritance, is still alive. After managing her mother's finances and realizing the funds would be better utilized by the younger generation, she coordinated with her family to distribute the money. The arrangement has been successful, with the grandchildren using the funds for education, property, and travel.
- ▪Linda's mother inherited nearly a million dollars but was paying high taxes on it.
- ▪Linda and her family agreed to gift $100,000 annually to her four grandchildren.
- ▪The grandchildren have used the money for tuition, property down payments, and travel.
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| Original publisher | The Globe and Mail |
| Canonical URL | https://www.theglobeandmail.com/investing/personal-finance/retirement/article-why-this-grandma-gifted-100000-a-year-to-her-grandchildren-while-she/ |
| Publication time | Wed, 27 May 2026 14:34:27 +0000 |
| Retrieval time | 2026-05-27T14:38:01.327Z |
| Last seen | 2026-05-27T14:38:01.327Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | jiHaman5SiyJ |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Open this photo in gallery:Photo illustration by The Globe and Mail. Source: Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe beneficiary: “Linda” is a 65-year-old retired lobbyist in Vancouver who’s been married for more than 40 years. She maintains similarly solid relationships in her close-knit family, especially with her sister. Between them, they have four university-aged children, who are blessed with a 90-year-old grandmother who’s alive and well and very generous. The inheritance: Upon her husband’s death 20 years ago, Linda’s mother – who with her husband came of age during the war, which prompted them to become keen savers – received a half a million dollars that she didn’t even know existed.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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