1. Other than the parents, it could be that no one has a closer and more loving relationship to your kids. This biological instinct or connection can be reason enough to name grandparents.
2. Lack of other obligations: Grandparents are often retired or at least at a less hectic time in their careers. This is in contrast to naming a sibling who works 80 hours a week and has two kids of her own!
3. Lack on financial conflict: Under most estate plans, grandchildren will inherit, directly or indirectly, a portion a grandparent's estate. Therefore, a grandparent can easily "advance" a grandchild his or her inheritance to take care of unexpected living expenses. This is is contrast to naming a sibling who has his own kids to think about.
1. If your father is 70 and your child is two, play out in your own mind the scenario of your 86 year old father caring for your child until she is 18. Age is a factor is many ways!
2. Changing Times: My typical client was born around 1970 and has parents born in the 1940's. This is a different generation with different viewpoints and standards. Think back to how you were raised and consider whether that is ideal for your own child.
3. Gifts and Candy: It is a cliche that grandparents spoil kids, but if this is applicable in your family, consider whether the relationship between grandparents-grandchildren (perhaps indulgent?) can change to one of parent-child.