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Moral Money: 'Our son inherited £100k but we don't think he is ready – can we keep him in the dark?'

All the Money in the World screenshot
In All the Money in the World Gail Getty wrestles with the family trust to secure funds for her kidnapped son's release Credit: All the Money in the World

Around 10 years ago my father died and left about £50,000 to my son. This money was placed in a bare trust for me and my husband to look after until my son reached the age of 18.

He turned 18 in November, but we are yet to tell him about the money. I have been stressing over whether or not this is right, but I just don't feel he is ready yet.

Over the years, through investments, we have grown this inheritance to just over £100,000. I'm scared that a lot of that careful growth could be squandered, instead of being spent on something sensible like a house.

My adviser tells me the worst that can happen is my son finds out and makes a claim on the cash, which we would have to honour. For now,...

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