Flexible Life Interest Trust Investing

Pajsu

I am the trustee, together with my brother in law, of my late wife's Will which she left in a Flexible Life Interest Trust. We want to invest a sum of money in the trust, possibly with an income for me, but we're not sure sure whether to invest in a Bond or something else.

dunstonh

We want to invest a sum of money in the trust

What are you trying to achieve?

we're not sure sure whether to invest in a Bond or something else.

Without knowing the terms of the trust, what you are trying to achieve and your tax position etc, we can't be sure either.

Pajsu

What we're trying to achieve is to put some money from the trust into a savings account or fixed rate bond so that the value of the money grows over the next year.

Albermarle

Pajsu said:

What we're trying to achieve is to put some money from the trust into a savings account or fixed rate bond so that the value of the money grows over the next year.

'Bond' can mean many things.

Presume you mean a fixed rate/term savings account ?( sometimes referred to as bonds but that can be confusing) 

xylophone

Try United Trust Bank One Year Fixed Rate? Or UBL?