High Interest account for Estate funds | General comparisons | Discussion forum

Please consider registering
guest
sp_LogInOut Log Insp_Registration Register
Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search
Forum Scope


Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
sp_Search Search
Go to Bottom
sp_Feed Topic RSSsp_TopicIcon
High Interest account for Estate funds
September 19, 2018
1:00 pm
frugal lady
Member
Members
Forum Posts: 205
Member Since:
February 20, 2013
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Has anyone opened a high interest savings account in their name "in Trust for the Estate of " "?

September 19, 2018
1:37 pm
Top It Up
Member
Members (temp break)
Forum Posts: 1363
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline
Go to Top
2sp_EditHistory sp_Permalink sp_Print

Steinbach Credit Union - I set up and administer a Testamentary Trust at this CU.

https://www.scu.mb.ca/rates/sa.....ings-rates

https://www.scu.mb.ca/personal.....s-accounts

September 19, 2018
5:07 pm
mechone
Ontario
Member
Members
Forum Posts: 182
Member Since:
January 28, 2015
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Can You? I don't think you can. The estate account for my Dad pays no interest.
Final income tax has been paid. All interest stops on death gic's accounts etc.
I guess you could open an account with all heirs listed as owners and split the T5

September 19, 2018
5:43 pm
Top It Up
Member
Members (temp break)
Forum Posts: 1363
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline
Go to Top
4sp_EditHistory sp_Permalink sp_Print

This is an interesting topic that the OP has tabled. For some backgrounder -

Living / family trusts

https://ca.rbcwealthmanagement.....1b8a9f2b57

sp_Feed All RSS
Go to top

Please write your comments in the forum.