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How can I

45 Posts
Can I
Do a small investment for my new grand daughter without the parents finding out ?
I know the answer is already probably No,
But my daughters money mysteriously "vanished" (she cleared off his debts) soon after her marriage, and I really want my grand daughter's to go into some sort of trust, where they cant touch it.
Any serious suggestions please, of where I can invest, that does not involve HIM.
Bit of a family rift involved here.
Do a small investment for my new grand daughter without the parents finding out ?
I know the answer is already probably No,
But my daughters money mysteriously "vanished" (she cleared off his debts) soon after her marriage, and I really want my grand daughter's to go into some sort of trust, where they cant touch it.
Any serious suggestions please, of where I can invest, that does not involve HIM.
Bit of a family rift involved here.

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http://www.hmrc.gov.uk/taxback/childsavings.htm
have a read of this article, it's a bit out of date, but will give you an idea.
You could set up a unit trust in child's name and make a lump sum or monthly payments.