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Can Children under 18 Inherit?

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Can Children under 18 Inherit?

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You can leave gifts to children under 18 but they cannot receive the gift until they reach at least 18. In the meantime the funds are held in Trust. If you think 18 is too young you can specify a later age when they will inherit. They will, however, be entitled to receive any income from the trust fund as soon as they reach 18. Whilst the funds are in the Trust the Trustees decide what income and/or capital can be used for the benefit of the children e.g. school fees. You need 2 Trustees (usually the Executors).

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