
Our young children are so precious that we want to protect them and give them a loving safe environment in which they can grow up healthy and happy.
Should something unexpected happen to you then you would, undoubtedly, want your young children to be brought up and cared for by somebody of your choosing.
Without a Will, where does it say who YOU have chosen to bring up your young children? Without a Will your children could end up with somebody who you may not have chosen yourself ....worse still, with someone you maybe definitely have not chosen. With a Will you can state who you want to be guardians of your children.
Your Children (and grandchildren) can not inherit until they are 18 years old. You may feel that 18 is a bit young to have the reponsibilty of inheriting everthing that YOU have worked hard for all your life.
You may be concerned that, at 18 years old, they may just spend their inheritance on all sorts of “bling” or, worse still, on something that goes a 100mph! You may prefer that they inherit at 21 or even 25 when they may have matured a little more.
However, at the same time, you may also want to ensure that your young child (or grandchild) could have access to their inheritance before the age you have nominated for very good reasons such as health or education.
With the “Right” Will and Good Planning you can help protect your young children’s (and grandchildren's)inheritance from being diminished by unnecessary loss to others.
You may have a child / grandchild (or other loved one) who has a disability and is in receipt of state benefits and concessions. If they received an inheritance they could have their disabilty benefits and concessions reduced or even stopped. There are ways this loss can be prevented or minimised.
You may want special provisions in place for them. For example, you may want to leave your family home to all your children; but you may also want your disabled child to be able to live there for the rest of their life. If you left the house to all the children and just “hoped” that they wouldn’t sell it, you could inadvertently leave your disabled child in a precarious and even more vulnerable position!
With our help, the “Right” Will and Good Planning you can protect the inheritance AND the best interests of your young children or other vulnerable loved ones.