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Can you single out a parent as a beneficiary of a child's SIPP?

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  • Ok we've shifted from talking about putting cash aside for a little one to contesting wills but it boils down to what is right & I prefer not to take the chance. At the end of the day I want >MY< money to go to the child, nobody else. If it had to be someone else then it'd be any sibling should there be one. Should there be no sibling and I couldn't have it then I'd want it to go to the mother, my sister and as it's MY money to begin with, there's absolutely nothing wrong at all (I know you didn't say there was) with wanting that.

    So if I have to put it in my own name now to make that happen then that's what I'll have to do.
    I think that is your problem. If you give money to the child or anyone else it is no longer YOUR money and you have no say over what happens to it in the future. If you want to retain that control you need to keep it in your name and then you can leave it to whoever you wish in your will.
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