We have two daughters aged 1 and 2. Don’t plan on having any more.

We are about to receive a lump sum from selling a rental property (tired of being landlords and want diversification) in 3 weeks time.

We have our own home worth 800k ish and 300k loans on it. Lump sum from sale will be 350k ish.

We are wanting to put all of it into index funds but am wondering about putting some in the kids names for tax and estate planning purposes.

Ideally we’d use the money to retire early and pursue other interests (setting up an endurance sport coaching business). Currently I’m in corporate career earning decent salary but long hours and stress.

I really don’t want the kids to have a poor work ethic because mum and dad (me and my wife) have set aside University costs, house deposit, wedding paid for etc) as feel that doesn’t create any sort of work ethic and hustle for their own good.

I’m thinking just put all in my wife’s name (lower tax bracket as stay at home mother) and be done with it but don’t want to overlook anything.