How To Gift Checks

Everyone loves cash and what do you give to someone who has everything? Cash! Occasions where gifts are expected, such as birthdays, graduations and weddings are monumental moments in one's life that are often celebrated with monetary gifts from friends and family. Giving checks as gifts is an easy and safe way to provide monetary gifts. Although, you may find yourself asking questions about the best way to gift a check when it comes to a couple joining their lives or a child who may not have a checking account.

By utilizing these tips, you can give a check that can be cashed for life's next steps:

• Writing a Check to a Couple as a Wedding Gift. While the money is intended for both the bride and groom, it's often more convenient when gifting checks to write it out to the person you are closer with. This will also ensure that they don't have any troubles cashing or depositing the check, which can occur when both names are on it. When writing a check to a couple, all the couple's legal paperwork may not be signed, sealed, and delivered yet. Therefore, use the bride's maiden name. Also, she may not be changing her name anyway!

• Writing a Check to a Child. To prevent theft, writing a check to a child is a smart way to give them money for an occasion or odd job. It's never too early for a child to start saving, however, it may be too early for them to be able to endorse a check and they may not have a bank account. If this is the case, make the check payable to both the child and a parent, using the word "or". This way, the parent can either cash the check or deposit it and hold it for the child until a later time.