How to Invest for Your Children & Grandchildren (without them becoming brats!)

How to Invest for Your Children & Grandchildren (without them becoming brats!)

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How to Invest for Your Children & Grandchildren (without them becoming brats!)
It’s natural to want to put money aside for our loved ones, but it often does not make sense to give up control. *Family Investment Companies* - (I am not endorsing these companies, just the articles) https://www.saffery.com/insights/publications/family-investment-company/ https://www.ukpropertyaccountants.co.uk/a-complete-guide-to-family-investment-companies-fics/ *Discretionary Trusts* - (I am not endorsing this company, just the article) https://www.ts-p.co.uk/insights/discretionary-trusts-everything-you-need-to-know-about-them/ 00:00 - New member of the team 01:19 - Why I WON’T invest for my Son 05:12 - Grandparents & Other family 08:29 - JISA 09:19 - A Better Solution 12:02 - Junior SIPP 12:15 - Family Investment Company & Discretionary Trust Capital at risk. Past performance is used as a guide only. It is no guarantee of future returns. Different funds and asset classes carry varying levels of risk depending on the geographical region and industry sector. You should make yourself aware of these specific risks prior to investing. Prevailing tax rates and reliefs are dependent on your individual circumstances and are subject to change. We do not provide tax advice. Any examples used in the video are for illustrative purposes only and you may get less back than the figures shown. This video does not constitute personal advice. We do not take any responsibility for third party websites and content we may link to from this video. Issued on behalf of Nova. Nova is a trading name of Nova Wealth Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 778951) and is a limited company registered in England & Wales (10739796). James Shack™ property of James Shackell Copyright © James Shackell 2023. All rights reserved. The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it.