Also posted in legal as there's a bit of a cross over. My child's been fortunate enough to be left a chunk of money in a will. Need to confirm but I'm pretty sure it's to be held in trust till 25. What does this mean practically? Do I need a particular account and solicitors involved or can I just use a bog standard account? Also been told that if it's a specific trust account interest is payable (which doesn't seem fair as there's no other income and no where near likely to reach the personal threshold) can anyone provide any tips or help? Thank you!