If you have children under the age of 18 years, you will need to appoint guardians.

As the guardians appointed in your Will do have a right to money from your estate to contribute toward the cost of raising your children, it may be beneficial to make at least one of them a joint executor.  In order to restrict the amount they are entitled to, the money may be left in trust.

This course of action is recommended if your children have disabilities and may require specialist home or Local Authority care – this ensures that adequate funds will be available in the future.

Your consultant will advise you about Trust companies, often run by charities, that can assist you in these circumstances.

Please call us free on 0800 043 2811 for further information.