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Adult Trustee Account
mangrovesspawn
Posts: 1 Newbie
Hi,
I need the trustee of my late father's will to open the equivalent of an adult trustee account for me.
She is busy so I am looking into the options.
So far 7 banks have said they do not offer this service for adults. I am currently 24 and would need the money held until I am 25 (next August) when I am then legally able to access it
Does anyone have any advice on who might offer these services?
Thanks,
Kim
I need the trustee of my late father's will to open the equivalent of an adult trustee account for me.
She is busy so I am looking into the options.
So far 7 banks have said they do not offer this service for adults. I am currently 24 and would need the money held until I am 25 (next August) when I am then legally able to access it
Does anyone have any advice on who might offer these services?
Thanks,
Kim
0
Comments
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Your aunt needs to be sure ( for taxation purposes) what kind of trust this is.
https://www.gov.uk/trusts-taxes/types-of-trust
https://www.caterallen.co.uk/solutions-for-trusts might be worth a look.0 -
Your aunt needs to be sure ( for taxation purposes) what kind of trust this is.
https://www.gov.uk/trusts-taxes/types-of-trust
https://www.caterallen.co.uk/solutions-for-trusts might be worth a look.
Are you psychic xylophone:shocked:0
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