The 100k is per person, per institution. So a joint account is guaranteed up to 200k.Yes with the deposit guarantee of €100k that needs to be considered.
That issue around perhaps the inevitability of transferring itto one name is why I think the Money should be split because then only €100k is guaranteed
They are in their 80's. I suggest wait for Covid to end and head to Vegas.My grandparents are downsizing and will be left with approx €150k of a surplus.
what is the better low risk option with a medium term horizon to do with this? They are in their 80s and they are reluctant to have it tied up in investments in the event of their death
Not sure if they will fly again after Covid to be honest. we have family in the US and they did used to go out at least once a year.They are in their 80's. I suggest wait for Covid to end and head to Vegas.
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