Saving for son with autism

gigergiger Forumite
164 Posts
Part of the Furniture Combo Breaker
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Hi all

My son has a CTF which we have decided to stop paying in to as we are unsure how responsible he will be at 18 with this money and how well he will be able to manage his finances due to his ASD.

We are half tempted to open an ISA in either mine or my wife's name (who doesn't contribute in to an ISA) to save for my son whilst also retaining control of the money. I appreciate that whilst we haven't used the ISA allowance for the past few years we cannot guarantee that this would remain this way for the next 10+ years.

We like the idea of putting the money in a fund and the real question is that is this a sensible practise, or have we overlooked something that we could open in my son's name (JISA) but retain control of due to his ASD?

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