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Lottery Win

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Comments

  • marksoton
    marksoton Posts: 17,516 Forumite
    CMAC wrote: »
    The whole estate iincluding the nrpps lottery winnings would pass to the PWC

    No it wouldn't !
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    Dancing_Shoes wrote: »
    Also when I spoke to our caseworker at the CSA and asked about my money I was told that I was not in any way liable for the NRP's children (we are on CS2). I find it incredible that if I won the lottery (in my sole name) and paid it into a sole account that our pwc would have any claim on MY money:confused::mad:, of course feelings for her aside I would willingly invest money for the NRP's children and continue to pay the maintenance (as we always have done) because it would be the right thing to do for them but I object to being told to do it (iyswim). So in a court if I won the lottery would it be the same percentages as the CSA i.e 8% of the interest (if that is right:o) or would she be entitled to more?:confused::confused:
    On csa2, a lottery win by you would never change the assessment upwards - it could go downwards as your tax credits would be reduced due to the interest you do receive.
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    marksoton wrote: »
    No it wouldn't !
    On a technicality over estate distritution it may not. The first person to inherit without a will can only take x amount, the rest is then distributed in a pecking order.
  • CMAC_2
    CMAC_2 Posts: 187 Forumite
    marksoton wrote: »
    No it wouldn't !

    Why would it not? the next of kin of the last survivor is the PWC last post accepted they is a limit other than that there is nothing to stop it
  • Blonde_Bint
    Blonde_Bint Posts: 1,262 Forumite
    marksoton wrote: »
    No it wouldn't !


    :eek: you cant say that and then leggit:eek: we must know where it would go, we have rules round here young man, protocal and manners:D and we are waiting for an expanations, also, I am appointing myself PM of the joint and DS you will not be allowed to leggit even after your 10 million lottery win so thats it you told. we'll want a weekly blog of your exploits on your private holiday island aboard the (dis)loyal yacht dancing shoes Blob is not allowed to argue with Kelloggs ever again;)

    and Marksoton, this is for you No it wouldnt ...... (leave explanation/reason here please)

    and Lizzie thanks. I knew it would make sense when someone told me but I couldnt guess qualifying child, all I kept coming up with was quincy:o :rotfl:
  • marksoton
    marksoton Posts: 17,516 Forumite
    CMAC wrote: »
    Why would it not? the next of kin of the last survivor is the PWC last post accepted they is a limit other than that there is nothing to stop it

    How is the PWC in any way next of kin to the NRPP ? :confused:
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    marksoton wrote: »
    How is the PWC in any way next of kin to the NRPP ? :confused:
    You missed the flow of inheritees.
    NRRP dies = NRP inherits
    NRP then dies = child inherits
    Child then dies = pwc inherits

    CMAC put each death at 10 minutes apart to show the point.
  • marksoton
    marksoton Posts: 17,516 Forumite
    LizzieS wrote: »
    You missed the flow of inheritees.
    NRRP dies = NRP inherits
    NRP then dies = child inherits
    Child then dies = pwc inherits

    CMAC put each death at 10 minutes apart to show the point.

    Fair enough, but it wouldn't work like that anyway. If the lottery win is an asset of the NRPP it would go to the nearest blood relative rather than pass through transference like that.
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    marksoton wrote: »
    Fair enough, but it wouldn't work like that anyway. If the lottery win is an asset of the NRPP it would go to the nearest blood relative rather than pass through transference like that.
    Agree, if nrrp & nrp are not married (CMAC was saying if married and no will).
  • marksoton
    marksoton Posts: 17,516 Forumite
    LizzieS wrote: »
    Agree, if nrrp & nrp are not married (CMAC was saying if married and no will).

    But again, even if they were married the chain of events described would not result in the PWC receiving the NRPP asset !
This discussion has been closed.
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