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helping complete wives trust deed

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(@johnd)
Eminent Member
Joined: 15 years ago
Posts: 38
Topic starter  

A question for the tda,I will complete my td in august but however my wifes wont be complete till december,would I be able to double up my wifes so that she could finish hers in october or would that compromise her td


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 17 years ago
Posts: 13594
 

Good morning johnd.

Quite possibly your wife's trustee would consider that in these circumstances. It might suit everyone.

Best for your wife to ask her trustee.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 17 years ago
Posts: 4798
 

Hi johnd

I would hope that the Trustee would not re do the income and expense and increase your wife's contribution as that would be a bit harsh.

If you have completed your trust deed then you should be allocated your own funds and if you decide to use these to complete the Trust Deed early, then this should not be a problem.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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