CHILD'S FUTURE

Building a fund for your child or grandchild can be a great way to give them a head start.

THINGS TO CONSIDER

• Consider what kind of start might be the most helpful
• Start early to benefit from compounding
• Understand tax-effective ways of helping them

CHECKLIST

➢ Calculate the sum that gives them the start you want
➢ Find the best way to save for children
➢ Be alive to the tax implications of gifting
➢ Consider inheritence tax planning
➢ Review insurance cover
➢ Provide ongoing help

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