Children’s inheritance

Grumpy_chap

Keep_pedalling said:

Grumpy_chap said:

One options that may be allowed (but the rules may prohibit this) would be to invest £2,880 each year (grossed up to £3,600) into pension for each of the children.  That will give them a great start on their retirement.  It would be even better if the children can be encouraged to continue making that contribution to a pension once they do have access - the future adults will be sooo grateful when they reach 57.  It may be possible that this annual pension input can be funded from the interest / return from the capital.

That is an absolute non-starter a trustee cannot lock away a beneficiaries inheritance for decades.

Thank you.
I did indicate rules may prohibit this.