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									Monetary Gifts - Scottish Trust Deed Forum				            </title>
            <link>https://trust-deed.co.uk/forum/scottish-trust-deed-forum/monetary-gifts-5329/</link>
            <description>Trust Deed Forum | Scotland Discussion Board</description>
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                        <title>RE: Monetary Gifts</title>
                        <link>https://trust-deed.co.uk/forum/scottish-trust-deed-forum/monetary-gifts-5329/#post-60127</link>
                        <pubDate>Thu, 01 Sep 2022 13:26:55 +0000</pubDate>
                        <description><![CDATA[Afternoon
	
	The legislation basically states that if you acquire any funds during the 4 year period then these are conveyed to the Trustee. An element of common sense would be used.  You wo...]]></description>
                        <content:encoded><![CDATA[Afternoon
	
	The legislation basically states that if you acquire any funds during the 4 year period then these are conveyed to the Trustee. An element of common sense would be used.  You would not be required to disclose a xmas gift as long its a reasonable sum. For example a Christmas gift of £10k would be quite different from a gift of £30. In this instance it would be expected you would disclose the £10k, not the £30   - if that makes sense.
	
	Hope this helps.
	
	p]]></content:encoded>
						                            <category domain="https://trust-deed.co.uk/forum/scottish-trust-deed-forum/">Scottish Trust Deed Forum</category>                        <dc:creator>Paul McDougall</dc:creator>
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				                    <item>
                        <title>Monetary Gifts</title>
                        <link>https://trust-deed.co.uk/forum/scottish-trust-deed-forum/monetary-gifts-5329/#post-5329</link>
                        <pubDate>Wed, 31 Aug 2022 14:26:12 +0000</pubDate>
                        <description><![CDATA[I have just began my trust deed - I feel a weight lifted but also a little sick it has come to this. I was advised there will be regular reviews and I have to declare any extra income such a...]]></description>
                        <content:encoded><![CDATA[I have just began my trust deed - I feel a weight lifted but also a little sick it has come to this. I was advised there will be regular reviews and I have to declare any extra income such as bonuses. What about monetary gifts - like birthdays and Christmas gifts - do I have to pay these to the trust deed also?
	
	Thanks]]></content:encoded>
						                            <category domain="https://trust-deed.co.uk/forum/scottish-trust-deed-forum/">Scottish Trust Deed Forum</category>                        <dc:creator>femaletrustdeed</dc:creator>
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