Recommend an income fund or bond please

[PM3]

Sheepshanks said:

xeny said:

I think that may be only upon death - i.e. if you die your ISA assets are inherited by your spouse with the tax wrapper intact?

Well, yes but that's what the thread is about. My (brief) reading is they can only transferred within the existing provider - but I asumme they're transportable once that's happened.

Which is all rather irrelevant, a revisit of the clear start of the OPs post, which by line two basically states that the WILL requested the entire estate be transferred into a trust . This would for example not allow : transferring to any person be they wife/partner/offspring/third party .
Either that is not legal instruction, or I have lost the power of comprehension.

Edited by PM3 on Friday 29th March 12:27

[Sheepshanks]

PM3 said:

…. or I have lost the power of comprehension.

You do seem to be struggling with the last few posts, where someone simply wondered if funds might be in ISAs.

[C69]

deanobeano said:

Post probate, my next step is to find a trustee bank account, again, not an easy task (I'm lead to believe).

Trusts that I've been involved in have used Cater Allen for this. However, they only accept new account applications if you're introduced by a professional adviser.

https://www.caterallen.co.uk/accounts/specialist-b...

Metro Bank is an alternative. I think they charge fees, though.

https://www.metrobankonline.co.uk/business/sector-...

[deanobeano]

Thanks for that info on bank accounts.