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Topic starter
06/03/2010 1:22 pm
Hi was wondering if you can give me some advice - my mother has just passed away do i need to keep my td advisor informed as this will mean a change in circumstances for me when her estate is wound up , i know this will probably take 4 - 6 months or maybe longer , please advise thanks
lorna blackwood
06/03/2010 2:15 pm
Hi marlush
The answer is yes as any benefit from the estate would be regarded as an asset in the Trust Deed and there is an obligation to notify the trustee if you acquire any estate.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
07/03/2010 6:24 pm
thanks Mark though i would need to but just had to check. another question i am due to pay the ?ú500 for getting my flat valued so that it stays the same valuation at the end of my td ,do i pay it first before i say about my mother passing away or would it not make any difference ?
lorna blackwood
08/03/2010 9:54 am
It shouldn't make any difference marlush. Any funds coming to you from your mother's estate would be separate from this and couldn't be used towards paying for equity.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
Topic starter
08/03/2010 10:27 am
Hi Kevin so I should phone them and tell them about my mother passing away and take it from there
lorna blackwood
08/03/2010 11:03 am
Hi marlush,
Sorry to hear about your mother passing away.
You will need to let your Trustee know as and when your circumstances do change. I dont suppose it would do any harm to let them know now that this is likely to happen in the coming months.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
09/03/2010 8:28 am
Thanks for that advice ,I did phone them yesterday and once I know more from mum's lawyer I've to let them know .
lorna blackwood
