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The market for trust bank accounts seems limited. Any advice?

24 July 2023

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Question by Alex

Hello,

We are in the process of setting up a trust for the benefit of a disabled sibling, with the trustees her 4 direct family members. The market for trust bank accounts seems limited. Any advice?

Answered by Lee Wells

Hi Alex,

Have you looked at cash management service providers?

Answered by

Lee Wells

Managing Partner - Financial Planner

When Lee got his first job in the 90’s his father said ‘you should go to see my financial adviser’ (he didn’t’ know he had one). Lee dutifully went to see him and was converted by the common sense advice he was given on saving and investing for his future. He liked it so much he joined the company so he could help other people learn how to invest. Lee now runs a company passionate about providing value for money advice on a whole range of areas.