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Flexible Life Interest Trust Investing
Pajsu
Posts: 2 Newbie
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.
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Comments
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We want to invest a sum of money in the trustWhat 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.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
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.0
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'Bond' can mean many things.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.
Presume you mean a fixed rate/term savings account ?( sometimes referred to as bonds but that can be confusing)0 -
Try United Trust Bank One Year Fixed Rate? Or UBL?0
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