Help for a friend

Herbie_Hancock_I_wish

A younger friend of mine, 3 kids is on her own. She has a local authority house, youngest is 2 so she doesn`t work and is in receipt of benefits.

Her father died and she has an inheritance of about £100k. She knows that she will lose benefits. To my mind all she will be able to claim is child benefit and very little, if anything, else. She has declined, upon legal advice, not to buy her property although she would get a discount that would mean she could do this.

She would be happy to seek part time employment but she is in an area where it is lowly paid and jobs scarce. Child care for the youngest would, I guess, be expensive. Any advice please as she wants to " play by the book ". Thankyou.

viktory

I'm not sure what your question is.

dmg24

Advice - spend wisely and enjoy being self sufficient?

williacg

Herbie_Hancock_I_wish wrote: »

A younger friend of mine, 3 kids is on her own. She has a local authority house, youngest is 2 so she doesn`t work and is in receipt of benefits.

Her father died and she has an inheritance of about £100k. She knows that she will lose benefits. To my mind all she will be able to claim is child benefit and very little, if anything, else. She has declined, upon legal advice, not to buy her property although she would get a discount that would mean she could do this.

She would be happy to seek part time employment but she is in an area where it is lowly paid and jobs scarce. Child care for the youngest would, I guess, be expensive. Any advice please as she wants to " play by the book ". Thankyou.

Apologies if I'm wrong, but did you not make a similar post a few months ago, regarding a family member who inherited a similar amount?

healy

Herbie_Hancock_I_wish wrote: »

A younger friend of mine, 3 kids is on her own. She has a local authority house, youngest is 2 so she doesn`t work and is in receipt of benefits.

Her father died and she has an inheritance of about £100k. She knows that she will lose benefits. To my mind all she will be able to claim is child benefit and very little, if anything, else. She has declined, upon legal advice, not to buy her property although she would get a discount that would mean she could do this.

She would be happy to seek part time employment but she is in an area where it is lowly paid and jobs scarce. Child care for the youngest would, I guess, be expensive. Any advice please as she wants to " play by the book ". Thankyou.

Yes you are correct, she would no longer be entitled to means tested benefits.

Herbie_Hancock_I_wish

I don`t recall posting but I might well have done. Getting older and have been pretty poorly. Thank you healy for the answer and that is what she expected.

Just looked back over my posts williacg and I did in fact ask this question. Sorry to waste any ones time. Please consider the thread closed. Thank you.

no-oneknowsme

Herbie_Hancock_I_wish wrote: »

A younger friend of mine, 3 kids is on her own. She has a local authority house, youngest is 2 so she doesn`t work and is in receipt of benefits.

Her father died and she has an inheritance of about £100k. She knows that she will lose benefits. To my mind all she will be able to claim is child benefit and very little, if anything, else. She has declined, upon legal advice, not to buy her property although she would get a discount that would mean she could do this.

She would be happy to seek part time employment but she is in an area where it is lowly paid and jobs scarce. Child care for the youngest would, I guess, be expensive. Any advice please as she wants to " play by the book ". Thankyou.

Seeing as you have posted about this same inheritance 3 times (twice in July) , it seems that your friend received the inheritance almost 5 months ago and has yet to declare it and have her benefits stopped ? This can hardly be classed as "playing by the book" !

williacg

There are many people who visit this forum because they genuinely need assistance regarding their claim for benefits, they perhaps don't understand the questions on the forms, claimed the wrong benefit, or simply don't understand what is required of them when receiving benefits.

On the other side of the road, you have someone claiming benefits, who at the same time, has a hefty sum of money squirrled away somewhere. It's not rocket science, but it's those squirrels who give the genuine claimants a bad name, and far too often, they get tarred with the same brush and receive little sympathy when they are in desperate need of assistance.

I hope all goes well for your friend / family member.

hbgirl

your friends means-tested benefits will indeed stop. basically, she needs to use the 100k to live on. that's not so bad is it?

alwaysonthego_2

She still would get some tax credits, she would only have to declare any interest over £300 in a tax year.

Newly_retired

The inheritance will be treated as capital, which is not the same as income. Some benefits do allow you to have some capital , but assume you get some income from it. The best one is Pension Credit ( no use her, I know)