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child trust fund


Guest lisa b

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My 1 yr old has a child trust fund, the one that the uk gov give to them to claim when they reach 18. Does anyone know wot happens to this if you take the child to live abroad permantly?

Lisa x

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Guest gail.crease

Hi Lisa

 

I called my child's trust fund up the other day to ask this very question. You can keep the fund going where ever you live. The only thing you lose out on is the second £250 from the government that your child will get when he/she is 7 years old.

 

Regards

 

Gail

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Thanks Gail, Cal... Thats not to bad then , i thought there would be some rule or redtape that would mean government could take it back.

Lisa x

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