Transferring Assets From A Trustee Bank Account When Child Becomes 18 Years Old

Jaidyn | 03:51 Mon 28th Jun 2021 | Business & Finance

3 Answers

I have a granddaughter who is 18 next month
I opened building society account for her at birth and saved regularly for her x it is quite a nice amount of money now x it’s I. My names as a trustee for her
Sadly she and her mother broke off all contact with me last year when my sons relationship with them broke down
I would like to transfer the account to her to use now - any idea how I do this as they will refuse to meet me to sortit at the building society ?
Thank you in advance

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Could you ask for a bankers draft and send it to her recorded delivery?

Jaidyn

Question Author

Thank you
I think I will speak to the building society to see if they will help me to do that

Have you asked the bank. Maybe she dont need to sign anything as your the trustee.

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