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Junior Isa question...
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hi, I have a junior ISA running for my daughter who at the age of 18 takes over ownership of it and can do what she likes with it, I do have concerns whether 18 is too young to receive such a large lump sum what it is projected to be.
I'm wondering if there is any way I can turn this into a trust fund so maybe at 25 years old it then transfers to her?
Is this possible or should I just hope she has a level head and a good understanding of the pound???
I'm wondering if there is any way I can turn this into a trust fund so maybe at 25 years old it then transfers to her?
Is this possible or should I just hope she has a level head and a good understanding of the pound???
0
Comments
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No, sorry the money is hers to withdraw from 18.
Best thing you can do is help her to think about what she might do with it.0
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