If you have been appointed to act as the trustee of someone else’s assets after their death, it is worth considering a range of bonds with different rates of interest and varying lengths of set terms. As the saving bonds trustee, it is your responsibility to manage the finances of the deceased before the beneficiary reaches an age or state where they can take control of their own finances.
As the trustee, you may need to ensure that the deceased’s finances are secure on behalf of their chosen beneficiary, who may be incapacitated or too young to deal with their financial assets.
You should always make a thorough market comparison before committing to a particular trust savings bond. In order to compare some of the best trust saving bonds and other trustee savings accounts, take a look at our comparison tables, where you will find a range of options from instant access to fixed rates.