Will Services Scotland - professional and ethical Scottish Willwriting company & Estate Planning business
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Children's Trusts
The legal age of inheritance in Scotland is 16. For many estates this can result in children or grandchildren having significant amounts of money at their disposal to spend as they wish with often disastrous consequences.
Grandchildren can on occasions inherit substantial amounts from an estate where a parent has predeceased their grandparents.
The child or grandchild still has access to their inheritance via your nominated trustee(s) which ensures the money is obtainable for important things in life.
The maximum age for the trust is 25 and the trustee has the discretion to give them their full inheritance at a younger age if it is appropriate to do so.
For more information download our Children's Trust Factsheet
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