When a child inherits shares, could the parent sell the shares and put the money in trust for them instead? Just thinking of a scenario of the company maybe not being around when they would come to 18 years.
you should be able to open a custodial account for each child where you can manage the shares on their behalf until they are adults. I put this arrangement in place with a broker for my children when their grandfather gifted them shares when they were babies.
Any disposal may give rise to a charge to capital gains tax so one needs to clarify with Revenue if the child can benefit from the
"The first €1,270 of an individual’s annual chargeable gains, net of allowable losses, is exempt." http://www.revenue.ie/en/tax/cgt/index.html