u/Secure-Suspect7091

hi all.

my eldest is about to turn 17 and we have maxed her CTF so she will get roughly £150k or so in a year.

i know that I would have been highly irresponsible with such a large amount of money at that age.

has anyone successfully navigated this and got any advice?

we have had various ideas like paying for a financial advisor to talk her through the options of how to invest it.

Or putting the hard word on her that if it’s not secured away and invested long term that it will be the last bit of financial support she gets.

all advice welcome.