Can I set up a trust for underage beneficaries?

Our Wills don’t allow you to create a trust for beneficiaries (i.e. for funds to be kept on behalf of a beneficiary until they turn a certain age).

However, Safewill does allow you to allocate gifts to underage beneficiaries to inherit when they turn 18.

You can also include further instructions to your executor about how funds are to be managed for underage beneficiaries in the asset notes (although this guidance would be non-binding).

Establishing testamentary trusts is more complicated than the Safewill platform allows, and would require bespoke drafting by a lawyer.