Giving the next generation a head start
When Margaret’s first grandchild was born, she wanted to do something meaningful — not just a one-off gift, but a lasting contribution to his future. Her goal was simple: to create a financial safety net that would grow over time and be there when he needed it most.
LIKE MANY PEOPLE IN HER POSITION, Margaret wasn’t sure of the best way to go about it. Should she set aside savings in her own name? Would a trust be more appropriate? What were the tax implications – and how could she make sure the money would be used wisely when the time came?
That’s where our expert advice came in.
A long-term plan, tailored to her goals
We worked closely with Margaret to understand her priorities:
She wanted to invest a meaningful amount now, with the potential to contribute more over time.
She hoped the money could be used for education, a first home, or other major life events.
She wanted the investment to grow tax-efficiently, without creating unnecessary complications for her or her family.
After reviewing her options, we helped Margaret put a flexible, long-term investment plan in place, structured in a way that aligned with her estate planning goals, and made use of available tax allowances.
Depending on a client’s needs, these kinds of plans can include:
Junior ISAs (JISAs): A simple, tax-efficient way to invest for children.
Trusts: Offering control over when and how funds are accessed, and useful for inheritance tax planning.
Gifts from surplus income or capital: Taking advantage of exemptions that allow you to give without affecting your own financial security.
In Margaret’s case, we recommended a combination of gifting strategies and investment vehicles that would give her flexibility while ensuring the money would be protected and grow over time.
A gift that grows with him
Now, Margaret has peace of mind knowing that her grandson will have a financial head start, without burdening his parents or putting her own finances at risk.
Whether he chooses to use the money for university, a home deposit, or something else entirely, she’s confident that she’s made a lasting difference to his future.
Thinking about the next generation?
If you’re considering how to invest in your children’s or grandchildren’s future, we can help you explore the right options — and create a plan that balances generosity with financial confidence.
