Appoint a Guardian
One of the most important things new parents can do is to formally appoint guardians for their minor aged children. This way you have a say in who would take care of your children if you were to pass away suddenly, ensuring that your children are not placed into emergency foster care whilst safeguarding checks are carried out.
A Guardians Trust enables you to make provisions for your nominated guardians, to ensure that your children can be well cared for without putting additional / unnecessary financial burden on your chosen guardians. You can specify how you would like these funds to be used, for instance; for education, school trips, driving lessons or holidays.
Protect Your children’s Inheritance
Having the correct Will in place can help make sure that your children inherit everything that you would like them to without unnecessary loss.
Enables you to offset the age of inheritance of your children up to age 25. Protect Your children's Inheritance: Having the correct Will in place can help make sure that your children inherit everything that you would like them to without unnecessary loss.