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Child trust funds and benefits

2 replies

Orangesandlemons77 · 26/01/2022 20:14

Can anyone help me with a question about the above please?

Would the children getting their CTF at age 18 affect any income related benefits of the parents (UC or Tax credits) Thanks

OP posts:
Babyroobs · 27/01/2022 01:07

No it wont affect anything as it's the child's money. As long as the parents don't have access to it, it should not be taken into account.

Orangesandlemons77 · 27/01/2022 08:59

Thanks

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