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  • FIRST POST
    • Debbie Moore
    • By Debbie Moore 5th Apr 18, 1:25 AM
    • 2Posts
    • 0Thanks
    Debbie Moore
    Money for children
    • #1
    • 5th Apr 18, 1:25 AM
    Money for children 5th Apr 18 at 1:25 AM
    Hi. My partner has recently died and in his memory is like to give the children of his closest friends a bit of money (~150 each).
    They are 9yrs, 3yrs n 2yrs.
    I know it's only a small amount, but I'd like to put it aside for when they're older.
    What is the best way to do this?
    Savings account or premium bonds?
    The Debs
Page 1
    • Alistair31
    • By Alistair31 5th Apr 18, 2:15 AM
    • 40 Posts
    • 34 Thanks
    Alistair31
    • #2
    • 5th Apr 18, 2:15 AM
    • #2
    • 5th Apr 18, 2:15 AM
    PBs seem a bit more !!!8220;gifty!!!8221;.
    • trevman
    • By trevman 5th Apr 18, 7:51 AM
    • 29 Posts
    • 8 Thanks
    trevman
    • #3
    • 5th Apr 18, 7:51 AM
    • #3
    • 5th Apr 18, 7:51 AM
    if the parents are willing to setup a junior ISA then orbis jisa has 100% match on 100 and will stay in the childs name until they are 18 https://www.orbis.com/uk/individual/isas/junior-stocks-shares-isa
    • eskbanker
    • By eskbanker 5th Apr 18, 11:15 AM
    • 7,846 Posts
    • 8,667 Thanks
    eskbanker
    • #4
    • 5th Apr 18, 11:15 AM
    • #4
    • 5th Apr 18, 11:15 AM
    I know it's only a small amount, but I'd like to put it aside for when they're older.
    Originally posted by Debbie Moore
    Is it your decision (as executor?) under the terms of the will, or is it up to the children's parents?
    • Debbie Moore
    • By Debbie Moore 17th Apr 18, 1:54 PM
    • 2 Posts
    • 0 Thanks
    Debbie Moore
    • #5
    • 17th Apr 18, 1:54 PM
    • #5
    • 17th Apr 18, 1:54 PM
    Purely my own decision.
    I'm the sole beneficiary, but had we had longer to think and plan more specifically I'm sure he would've liked to treat the children of his best friends.
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