Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.

https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

Covenant or trust

MarkR · 2020-08-07 14:00:12

Does anyone here have any experience in setting up a covenant, or trust, for the children's long term financial welfare?

07-08-2020 03:00PM

#1

MarkR

Moderators, Regional Midwest Moderators Posts: 11,337 Mod ✭✭✭✭

Join Date: April 2002

Posts: 10574

Does anyone here have any experience in setting up a covenant, or trust, for the children's long term financial welfare?

0

Comments

#2 07-08-2020 05:57PM

DubCount

Registered Users, Registered Users 2 Posts: 1,151 ✭✭✭

Join Date: May 2016

Posts: 1132

I've done a trust, but I did it through a solicitor. This is not something to play with yourself in my view. Its very complex and you cant make a mistake.

0
#3 09-08-2020 02:18PM

MarkR

Moderators, Regional Midwest Moderators Posts: 11,337 Mod ✭✭✭✭

Join Date: April 2002

Posts: 10574

I wasn't sure was it a solicitor, or accountant process. Thanks

0
#4 09-08-2020 05:07PM

fits

Registered Users, Registered Users 2, Paid Member Posts: 14,304 ✭✭✭✭

Join Date: June 2005

Posts: 13870

Financial well-being in cork advise on this from financial planning side of things but you’d need to have solicitor / accountant involved to to make sure you are doing it correctly without affecting entitlements.

https://subscriptions.boards.ie
Subscribe and save boards.ie

0