We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

We're moving abroad - what should we do with our child trust funds?

I have two children - aged 4 and 1. We started child trust funds with the £250 voucher they received when they were born. We'll be moving abroad later this year to the States permanently. They, like me, have dual citizenship. We don't know what to do with these accounts. We'd like to continue putting some money into them each year and we don't mind a small element of risk but I don't want to have to monitor them too closely. They're in savings accounts right now, so no risk at all. Any suggestions?

Comments

  • purch
    purch Posts: 9,865 Forumite
    Give the money back :T
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    I prefer purchs answer personally but you need to read the information on the
    Child's trust fund website
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.