Posts tagged “Trusts”

Parents with young children should include them in their Wills.
Every year, thousands of children under the age of 18 lose one of their parents. As long as both parents are co-guardians then their remaining parent can look after them. 
 
However, more than half of the UK’s parents don’t have a valid Will. They might not have one at all or they have one that’s out of date. 
If you make a gift to a young person in your Will which they receive when they reach a certain age you will create either a bereaved minor’s trust or a bereaved young person’s trust, depending on their age.