Trust funds - help

[EternalOptimist]

thanks Gonzo.
my next problem, for a small amount, 3k per kid, do I do it the legal way

or do I do it the informal way

[MarillionFan]

thanks Gonzo.
my next problem, for a small amount, 3k per kid, do I do it the legal way

or do I do it the informal way

You really are taking the piss aren't you. 3k each!!

Stick it in a bond for goodness sake.

[Gonzo]

Nice one Gonzo.

<snip>

Oi! Keep me out of of your petty squabbles.

[Gonzo]

thanks Gonzo.
my next problem, for a small amount, 3k per kid, do I do it the legal way

or do I do it the informal way

It is hardly worth it for that amount. I would just give them the money now and have done with it.


EDIT: For that amount, MF's original response is the best one that you have had.

[EternalOptimist]

You really are taking the piss aren't you. 3k each!!

Stick it in a bond for goodness sake.

I sincerely hope you are never left in charge of kids, a project, a house, or matches.
Your levels of understanding, empathy or sympathy are close to zero.

Please keep it shut from now on.


To the parents of the kids I am discussing, 3,6 or 9k is an absolute fortune. The temptation for them to rip it off would be almost irresistable. My objective is to keep it intact for 10 years, till they are 18. So do I do it legally , or informally.

Please, MF, keep it shut from now on.

[suityou01]

I sincerely hope you are never left in charge of kids, a project, a house, or matches.
Your levels of understanding, empathy or sympathy are close to zero.

Please keep it shut from now on.


To the parents of the kids I am discussing, 3,6 or 9k is an absolute fortune. The temptation for them to rip it off would be almost irresistable. My objective is to keep it intact for 10 years, till they are 18. So do I do it legally , or informally.

Please, MF, keep it shut from now on.

Honestly, for 3K a bond is a reasonable idea. Alternatively, the interest rates are going to rocket at some point, how about a long term savings account such as ING?

[MarillionFan]

And EO you have been given a decent response.

Again, you really are an insufferable twat.

A longterm bond would be best. Failing that instruct an IFA. That would be the best thing you could do!!!

[EternalOptimist]

Honestly, for 3K a bond is a reasonable idea. Alternatively, the interest rates are going to rocket at some point, how about a long term savings account such as ING?

my question isnt about the return, its about the nature of a trust fund. What the heck is one ?

do I need to go the full legal route, or is there an informal way

[EternalOptimist]

And EO you have been given a decent response.

Again, you really are an insufferable twat.

A longterm bond would be best. Failing that instruct an IFA. That would be the best thing you could do!!!

shut it gobtulipe. stay out of my threads you boring cnt

[suityou01]

Chaps, please. Desist.

MF was trying to help. Rare occurence that it is.
EO you are trying to do the right thing, and credit the posters in general with the sense to give a responsible answer (not always going to work).

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