It looks like we will receive a significant lump sum within the next twelve months, enough to pay off our mortgage and also to set aside sums for each of our dc, hopefully to enable them to put down a deposit on a house when they’re older.
Ideally I’d like that money to be protected, so that only the dc can access it, but not until the age of 25 or so. I definitely do not want them to have access to it at 18 (this happened one of my school friends and she went completely off the rails)
I haven’t the first clue about investments or anything like that, and I’m living in RoI. Has anyone done similar? Or can anyone give advice? Who do you even talk to about these things?