Saving for a non relative child

Saving for a non relative child

Author
Discussion

Merlot

Original Poster:

4,121 posts

214 months

Thursday 8th April 2010
quotequote all
I would like to put a small amount of money away every month for my partners niece. The idea would be to use it to provide her some money at key dates in her childhood (becoming a teenager, 16th and 18th birthdays).

Critically, I do not want the child's mother to know about this, certainly not have access to the funds at any point.

Is there a way I can do this in a tax-efficient manner (in the child's name?) without her parent/legal gardian knowing about it?

bitwrx

1,352 posts

210 months

Thursday 8th April 2010
quotequote all
Don't know.

But why isn't anyone allowed to know?

Merlot

Original Poster:

4,121 posts

214 months

Thursday 8th April 2010
quotequote all
bitwrx said:
Don't know.

But why isn't anyone allowed to know?
Single mother, benefits... the usual.