Who can be a guardian of my minor children Consideration should also be given to who will have care of minor children who survive their parents. A suitable person can be selected who can be a family member or friend. It is wise to consult the person first to ask their permission. This is a gift that can be distinguished from other property. It is important to be able to identify the item.
Examples are items of jewellery, motor cars, or personal chattels.
It is normal practice to use trusts in the administration of an estate. There are many ways of distinguishing trusts. Some trusts are for a specified person and some , known as discretionary trusts, enable the trustee to select a beneficiary from a class of persons. Where the testator wishes to control the long term destination. To provide an income from capital whilst preserving the capital base.