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Trust account for 17 year old daughter

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My children’s father has recently passed (we have not been together for years) as the children are his only next of kin and there was will I have been dealing with the estate. His employer has informed that there was death cover and they are asking me to open up a trust account for my daughter who is 17 ( my son has recently turned 18 so they are paying him directly) I’m struggling to find an account provider for my daughter, one that I can open for her with her being 17 and that will allow for more than £50,000. I’m not sure if I need to use a solicitor either? I’ve managed to do everything so far myself and reluctant to have to use a solicitor to be honest. Any advice? 

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  • Keep_pedalling
    Keep_pedalling Posts: 20,889 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 3 March at 12:44PM
    Trust accounts are a pain, how far is your daughter away from her 18th birthday? Would the pension company delay payment until her birthday? 

    You certainly should not need a solicitor. 
  • marcia_
    marcia_ Posts: 3,437 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
     I found the only high street bank willing to open trust accounts was metro bank 
  • ne551973
    ne551973 Posts: 2 Newbie
    Name Dropper First Post
    Thanks @Keep_pedalling my daughter turns 18 in October this year 
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