cashing my sons cheque

bryanb

Tend to agree with above. Your first post says you'd buy "Things he needs" surely that's down to you? A gift is for things he chooses. I realise he's 2 yrs, so trust fund sounds ideal.

crispy_chris

lol so if someone owes £600 on a card, they cant be trusted with other peoples money.

brilliant

hermanmunster_3

sounds like they deffo wanted it paid into the trust fund. if my kids were givn money for birthdays etc the relatives gave cheques to me in my name and I gave the kid cash.

wayne99

just pop it into a trust fund and forget about it, or open a building society account in his/her name and pay it in there.

You cant cash it iam afraid as people have stated above.

Put in your childs trust fund and watch it grow (at some stage)

anna42hmr

as others have said i would just forget about the money and pay into his trust or another account of your childs

to be honest if i wrote a cheque in my nephews name (who is only 18 months old) and i found out that some way his parents had cashed the cheque themselves wether it was for something for my nephew or not, i would certainlty not be happy. (and if indeed this was kept from me i would probably consider opening an account for him myself which the parents wouldnt have access too, as can do so with just asking his parents for his birth certificate etc, or buying premium bonds for him each time i wanted him to have money to save for later down the line!)

it is one thing if you ask the people who gave the cheque if they mind you using it for x and if they dont have a problem with it i am sure they wouldnt mind writing a new cheque (or indeed cash??) but if they decline then at least you know the intent of them giving him the cheque.

in my mind, any cheques i issue in my nephews name is with the sole purpose of banking it into an account as a saving account for when he is older (afterall they will both be aware already that a 2 year old cannot access their own money from an account) . if i wanted to give him money for things he "needs" or wants earlier than that, i would (and indeed have) either gave the mother the cash, or wrote the cheque in her name, or indeed buy the items for him myself.

Rikki

snagglepuss16 wrote: »

hi, wondering if anyone can give me some guidance. My mother in law and brother in law gave my son a cheque from each of them for his 2nd birthday. I'd rather cash them as I can buy him some things he needs. How do I go about this as the only account he has is his child trust fund?:)

Well done for having a trust fund for him up and running, many don't bother. The only way is to open up another account for your son and withdraw from there.

eschaton

It looks like the people that gave the cheques did it deliberately so that you wouldn't waste the cash on crap or pay your bills with it.

Good on them for thinking of your son !

[Deleted User]

eschaton wrote: »

It looks like the people that gave the cheques did it deliberately so that you wouldn't waste the cash on crap or pay your bills with it

or pay off your Next account with it

mark55man

OMG what a lot of sanctimonious twaddle from you posters. you should be ashamed for giving the OP such a hard time - if I was a two year old I would want the money now spent on toys for me now. not shoved into some trust fund until I was 18.

if I gave a cheque for a two year old I would regard it as completely and utterly up to the parent/guardian to sort it out (I would be upset if it went on beer, but other than that its not my business). you assume that the donor knows detailed financial arrangements operating inside the house and you assume other people are as controlling as you are.

as for owing Next £600 - what website do you think you are on - www.iamsogoodwithmoneythatIcanhectoranyoneelse.com . give the OP a break

bubblegumcola

Op I can see exactly where you are coming from. If a two year old is given a cheque from someone for them and they have said buy something he needs then I think the OP has every right to spend the money now if they wish on their child especially if money is tight. Clothes, shoes, etc or toys. There's loads you could spend on a growing two year old. I have only just opened a bank account for my four year old as he was given a cheque by a relative. He's had a child trust fund since he was 6 months old and I'm happy I can't touch that money and it will eventually be a nice amount for him when he is older. However a child's bank account is usually held in trust by the parent. if the parent isn't well off and needs to buy the child something like, for example, shoes and can't afford it then what is wrong taking the money out of the child's account and using that for buying their shoes? They can take the money of the child's account as and when they please.

OP you will find it easier to open a bank account for your child if you go to the same bank that you have an account with. I took in my child's birth certificate and they didn't need proof of address etc as I banked with them, the whole thing took about ten minutes. HTH