Trust funds, discretionary or disabled trust fund? Anyone chosen Mencap?
Gemma47
Posts: 3 Listener
I have a disabled adult son. In the next few years he will be receiving some money from his grandparents, approximately £20,000. I would like to set up a trust fund. Does anyone know whether:
- A Discretionary or a disabled trust fund is better?
- Has anyone chosen 'Mencap' - where they are the sole trustee?
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Comments
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Hi, yes he receives UC and PIP but it would only be the money from his grandparents which I would be putting into a trust.
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Hi @Gemma47. It's not something I am familiar with but here is some information that could be useful to you .
Hopefully someone with experience of opening a trust will be able to reply.
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Thank you
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