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Adding name to existing ISA account

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Waleswetwindy

Waleswetwindy Posts: 1 Newbie

23 July at 2:19PM in Savings & investments

Hi wanted to know if we can add adult children’s name to our existing ISA high income - ( parents) both have separate accounts . Thank you

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Comments

eskbanker Posts: 37,205 Forumite

23 July at 2:22PM edited 23 July at 2:23PM

No, the 'I' stands for 'individual', so ISAs can only be held by one person....

Perhaps worth clarifying what you're trying to achieve?

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Isthisforreal99 Posts: 102 Forumite

23 July at 2:24PM

You, as parents, have separate accounts because as pointed out above they are Individual accounts.

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retiredbanker1 Posts: 714 Forumite

23 July at 5:26PM

The only way another person can take charge of an ISA - is by Power of Attorney.

The names on the account would not change though.

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