Donate SIGN UP
Home > Business & Finance > Personal Finance > Trust Deed/Inheritance question.

Trust Deed/Inheritance question.

Avatar Image
darthtrick | 19:43 Sat 23rd Jun 2007 | Personal Finance
1 Answers
My father may possibly be inheriting some money from my late Uncles estate.

He is currently in the middle of a Trust Deed agreement (similar to an IVA in England) and my understanding is all the money would need to go towards paying off his creditors.

Does he have to accept the money due to him and if not would his share pass to my Aunt or my brother and I?

Thanks in advance.
prev What options are availble on my finance
  
next gas supply
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by darthtrick. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image PrinceRainie
I am unaware of a trust deed being similar to an IVA.....however if it is....then it shouldnt effect his inheritance. If however, he was filing for bankruptcy, then it definately will.

Which country does your uncle live in?
19:07 Wed 27th Jun 2007

Only 1 answerrss feed

Do you know the answer?

Trust Deed/Inheritance question.

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.