Discretionary fund

jackandjodie95
Member Posts: 9 Listener
Hi. At last I have found out re Discretionary Funds. NS and I do them without a problem. Called Informal/ Formal Trust Fund depending if you want a solicitor or you executors to run it. I have searched for ages - The banks are not interested.So happy to share this info.
Comments
-
Do you want to share a bit more @jackandjodie95 ?
Scope
Senior online community officer -
Glad you got the support you so needed and can sort thing out, but please inlighten us all on the ins and outs of how to do it please I am sure many more would or are interested to know.
-
Call NSand I in Glasgow 08085 007 007 for.,or download form SB 26T (2016/02). called Application to Invest in an Investment Account for Trustees. So the Trustees and Beneficiary details are to be filled in, and the Settlor -that's you if you are leaving money to disabled person, fills in details-like opening a Bank account-and a min. cheque of £20 is required. At the back is a Statutory Declaration form to be signed by the Trustees before a solicitor. Mine charges £7 as it is 1 Document and 2 signatures..My Solicitor is just adding the Trust account number in my Will as my Daughter and Granddaughter will be Trustees.Online details are www.nsani.com Regards. Judith.
Brightness
Categories
- 54.1K All Categories
- 10.6K Start here and say hello!
- 5.1K Coffee lounge
- 4K Disability rights and campaigning
- 1.5K Research and opportunities
- 156 Community updates
- 12.1K Talk about your situation
- 1.8K Children, parents, and families
- 798 Work and employment
- 590 Education
- 1.2K Housing, transport, and independent living
- 1K Aids, adaptations, and equipment
- 292 Dating, sex, and relationships
- 266 Exercise and accessible facilities
- 21.7K Talk about money
- 2.2K Benefits and financial support
- 4.4K Employment and Support Allowance (ESA)
- 12.6K PIP, DLA, and AA
- 2.6K Universal Credit (UC)
- 4.1K Talk about your impairment
- 1.3K Cerebral palsy
- 688 Chronic pain and pain management
- 707 Rare, invisible, and undiagnosed conditions
- 759 Autism and neurodiversity
- 939 Mental health and wellbeing
- 311 Sensory impairments
Do you need advice on your energy costs?
Scope’s Disability Energy Support service is open to any disabled household in England or Wales in which one or more disabled people live. You can get free advice from an expert adviser on managing energy debt, switching tariffs, contacting your supplier and more. Find out more information by visiting our
Disability Energy Support webpage.