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Dan.47
Posts: 39 Joined: Fri Sep 23, 2011 11:33 am
Hi everyone, hope you are all well. I was hoping for some guidance.
Foggy
Posts: 33395 Joined: Fri Dec 17, 2010 11:14 amLocation: United Kingdom
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Hi, as far as I know you will be OK. As a Trustee you administer the estate, but do not own any of it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
vince666
Posts: 337 Joined: Sat Oct 22, 2011 11:09 amLocation:
I'm not so sure, I didn't think you could act as a trustee while in IVA.
Completion certificate received 31 March 2012.
Foggy
Posts: 33395 Joined: Fri Dec 17, 2010 11:14 amLocation: United Kingdom
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You are not allowed to be a trustee of a charitable body -- but I think administering an estate is different.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
MelanieGiles
Industry Expert
Posts: 47612 Joined: Tue Jan 09, 2007 10:42 amLocation:
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No - but you should make sure that all other parties to the trust are aware of your financial situation.
Regards, Melanie Giles, Insolvency Practitioner
Dan.47
Posts: 39 Joined: Fri Sep 23, 2011 11:33 am
Thank you for your replies.
