Delaying inheritance for will beneficiaries

mta999

Thanks I didn't mean a trust - I just meant for example specifying an annuity (or similar) is bought

Skiddaw1

We have no children (we're a similar age to you) and after our deaths we've left everything in equal shares to our nieces and nephews. We've taken the view that it's absolutely up to them what they do with the dosh as & when they get it. We're not going to be around to care so if any of them decide they want to p*ss it up a wall it's up to them! 😊

Keep_pedalling

https://forums.moneysavingexpert.com/discussion/comment/81930947#Comment_81930947

A trust is the only way to do it

Savvy_Sue

https://forums.moneysavingexpert.com/discussion/comment/81930947#Comment_81930947

Keep_pedalling is right:

https://forums.moneysavingexpert.com/discussion/comment/81931371#Comment_81931371

Because once you're dead, it's impossible for YOU to enforce what happens once someone has received their inheritance from you, and if you're not enforcing it then someone else has to do so.

Plus, what if "an annuity (or similar)" turns out to be a really bad idea when the time comes?