It is possible for an insolvency clause to be inserted, whereby any bequest to an insolvent is placed in trust until matters are sorted out but this would be a matter for a lawyer experienced in such things to sort out as it is a complex area (and probably expensive).
Who is onlineUsers browsing this forum: No registered users and 15 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location