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Best place for childs cash?
Wonder_Girl
Posts: 999 Forumite
Hiya,
I need a bit of help, I have £500 each in inheritance for my two step children. Cheques are made out to me, but I’m guessing I can just cash them and write one out in their names.
Now the kids are 6 (twins) and the mother has the original accounts from when the children were babies, now I refuse to give her access to this as all the money that was in there has mysteriously "vanished".
So my partner and I want to set them us an account each with this inheritance and add to it as they grow.
Now I have all that out the way I have NO idea what kind of account would be best
Any advice would be appreciated
WG X
I need a bit of help, I have £500 each in inheritance for my two step children. Cheques are made out to me, but I’m guessing I can just cash them and write one out in their names.
Now the kids are 6 (twins) and the mother has the original accounts from when the children were babies, now I refuse to give her access to this as all the money that was in there has mysteriously "vanished".
So my partner and I want to set them us an account each with this inheritance and add to it as they grow.
Now I have all that out the way I have NO idea what kind of account would be best
Any advice would be appreciated
WG X
All comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.
DFW Nerd #132
DFW Nerd #132
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