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Trust account
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Turner5353
Posts: 4 Newbie
Hi all, following a payout from late fathers estate my older disabled brothers inheritance needs to be put into a trust account with myself and another relative as trustees. What accounts are out there, banks don’t seem to advertise them much.
cheers
cheers
0
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http://trustsdiscussionforum.co.uk/t/trustee-bank-accounts-from-the-high-street/9555/14
Have you tried Natwest / Metrobank/ Barclays/ Cater Allen?
It may be a problem at the moment as a personal visit to a branch is likely to be required.
You may need to leave the funds in the exor account until you can deal with matters.
https://www.gov.uk/trusts-taxes/trusts-for-vulnerable-people
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Turner5353 said:Hi all, following a payout from late fathers estate my older disabled brothers inheritance needs to be put into a trust account with myself and another relative as trustees. What accounts are out there, banks don’t seem to advertise them much.
cheers".....where it is corrupt, purge it....."1 -
The Lloyds stable have stopped opening Trust accounts. I agree Cater Allen might be an alternative but check what the costs are to open account - it will not be free to open.1
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