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4 Posts

Posted - 05 May 2017 :  18:08:47  Show Profile  Reply with Quote
Hey guys. Had a letter through today to say my trustee has resigned and I've now been appointed a new trustee ? Is there any reason for your trustee just resigning ? Should I have cause for concern and will this change anything on my part ?

Any help would be appreciated thanks

David Tannock
Trust Deed Expert

1927 Posts

Posted - 08 May 2017 :  08:32:28  Show Profile  Reply with Quote
Hi Stace2988,

this is normal and can happen when a Trustee decides to leave a firm or if a firm decides to reallocate cases to another firm.

The agreement that you made at the outset of your Trust Deed should remain in place and nothing should change other than the person responsible for your Trust Deed.

Itís nothing to worry about but if you are then a quick call to your Trustee should reassure you.

Recommended Partner & Trust Deed Expert - Ask me for help setting up a Scottish Trust Deed
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