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  • FIRST POST
    MrOJones
    Inheritance affecting benefits
    • #1
    • 13th Oct 08, 10:47 PM
    Inheritance affecting benefits 13th Oct 08 at 10:47 PM
    My sister is about to inherit £15K from the death of a grand parent and is a now a single mother with four children. She receives state benefits for herself and the children.

    The question is: If she pays the inheritance into her bank account will she lose those benefits until the £15K runs out?

    If so is there a 'legal' way to aviod her losing her benefits and keeping this money as a future for the children? I.e. for example, through a trust with me (or someone else) as an executor?

    The cheque will have to made out to her I expect as she is named in the will but there must be a way to aviod her losing her benefits?

    Thank you.
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