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shared private let

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(@needhelp80)
New Member
Joined: 10 years ago
Posts: 2
Topic starter  

Hi guys,

I wonder if you can me?

My trust deed just became protected a few months ago, and I've started thinking about my first financial review. I'm a born worrier and I'm now in a panic over the way my finances will be viewed when submitting bank statements.

My partner and I split the rent and bills. I pay them from my account monthly, and she transfers her half to my account. Would this be viewed poorly when reviewing my finances? I know that from my Trust Deed I'm not supposed to receive a sum of more than ยฃ500, however as this is a monthly transfer from my partner and it's specifically for the rent and bills, I assumed it would be ok?

Please tell me I've not made a mistake ๐Ÿ™

Thanks


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Hello needhelp80 and welcome to the forum.

I very much doubt you'll have anything to worry about. It's understood that couples will move money between them to manage joint bills.

Provided that the sums involved are consistent with the expenses information given to your trustee in the past, I see no reason for them to take any issue with this at all.

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


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

By the way... when I first read your post I misread the title as being "shared private jet"!

That would have been an unusual and interesting expenditure allowances subject to discuss here!!

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


   
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(@needhelp80)
New Member
Joined: 10 years ago
Posts: 2
Topic starter  

quote:


Originally posted by Trust Deed Assistant
[br]Hello needhelp80 and welcome to the forum.

I very much doubt you'll have anything to worry about. It's understood that couples will move money between them to manage joint bills.

Provided that the sums involved are consistent with the expenses information given to your trustee in the past, I see no reason for them to take any issue with this at all.


Thank you so much for getting back to me. I thought as much, but I didn't want to take anything for granted, especially as I just started getting things under control. The sums transferred always equal exactly half of the bills every month, so there shouldn't be any discrepancy. Thanks again.

P.S I think the private jet is still a little way off, Easyjet is more likely ๐Ÿ˜‰


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

I'm glad that I could offer some reassurance needhelp80. I'm sure everything will be fine.

I haven't got around to ordering my private jet yet either!

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


   
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