Before I start, I'll say we don't expect anything, this is more on how we tell our children as they grow up and start to realize how it's different.
We have a 4 year old and 1 year old. For our eldest's first birthday my in laws set up a bank account for her that had £1k in it and since then have put an amount in each month. It really is so lovely and generous of them.
My youngest was 1 at the start of the month and she got some lovely gifts but they haven't mentioned a bank account or anything. Its totally up to them what they do and as I mentioned we never expect anything, it's more so how do I deal with this if it comes up when both children are older? Has anyone been in this situation before?