Investing money for someone else's child

Hello everyone, I would like to make financial provisions for a child who I have the feeling will need support growing up (not a child of my own). My goal is to build wealth without having to rely on decades of trust in my parents. Something like: - No access for me: As soon as the money is deposited, it should no longer be legally mine (protection from my own creditors). - Protection from parents: Parents should protect the child