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Home » Trust Deeds (Scotland) » Trust Deeds - FAQs » What happens if my circumstances change?

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What happens if my circumstances change?

Your trustee will assess your contribution based on your circumstances when you sign the trust deed. Your contribution may be reassessed if your circumstances change. If your income goes up then your trustee is likely to ask you to pay a higher contribution. If your income goes down the trustee may agree to reduce or suspend your contributions.

If you acquire new assets during your trust deed your trustee may want to realise those assets for your creditors.

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