Dear @legalfalcon
I have a little worry. Last month, (January 2022) 80% of my POF was spent due to circumstances I could not avoid.
Would it be ok to do another gift deed to make up for my balance POF? Pls note that my initial POF was a gift deed by my dad.
If yes, is it okay to wait till I get an ADR for updated POF(that’s if I ever get it) before submitting another gift deed? Or should I do another gift deed right now and update it before they ask?
Also, since I am now married with my spouse accompanying, can I have my spouse do a gift deed by her dad, and attach a letter of consent from my spouse saying I have access to the funds?
Please, your response will guide me.
Regards
I have a little worry. Last month, (January 2022) 80% of my POF was spent due to circumstances I could not avoid.
Would it be ok to do another gift deed to make up for my balance POF? Pls note that my initial POF was a gift deed by my dad.
If yes, is it okay to wait till I get an ADR for updated POF(that’s if I ever get it) before submitting another gift deed? Or should I do another gift deed right now and update it before they ask?
Also, since I am now married with my spouse accompanying, can I have my spouse do a gift deed by her dad, and attach a letter of consent from my spouse saying I have access to the funds?
Please, your response will guide me.
Regards