These questions relate to gifts that can be given that are not applicable against the annual $14K exclusion. I am not concerned with deductibility.
1.Adult Grandchild is in college. Grandparents want to pay ALL expenses not covered by the 529.
Can they, or is paying for the college grandkid's regular expenses (groceries, hair, gym, taxi, pet) all ones that either have to have gift tax
paid on and/or are income to the adult child?
Is this different if the grandparents give the adult child a credit card such that the grandparent is paying the credit card bill directly, or is it still dependent upon the specific charges?
2. Same question for grandkid in highschool (minor for one more month).
3. Does any of this change if the children have diagnosed disorders they are being treated for?
One has ADHD and Depression
One has Aspergers, Depression, Kyphosis, and attempted S.
4. Are there any household expenses other than medical and tutoring Grandparent can pay as contribution to household expenses for adult grandkid's parent (ie. grandparent's child) a. For instance, any rent if children CANNOT share a room for psychological reasons?
a. For kid with Asthma, can Parent pay for housekeeper necessary to keep dust down?
5. Are there any circumstances by which a Grandparent can pay an adult grandkid's auto expenses (e.g. not safe area to take a bus to school, needs to go to therapy daily etc).