endowment policy, ex wife, dss and child maintenance

AnxiousMum

Firstly, the Insurance company would never put the OP's name on the cheque, as the policy was not in the OP's name. They are doing exactly as they are supposed to do by the contract made in the first place. During the term of the policy, they don't care who makes the payments, as long as they are paid by somebody.

The one thing in the OP's post that bothers me, is the fact that the PWC has apparently said the policeis should go to her ex because when they were together as a couple, the PWC never worked, and so, DIDN'T CONTRIBUTE towards them. It irks me when a parent (either the male or female) believe tehy are not entitled to anything accumulated during their time together. Sure, the male may have gone out to work - but I'ms ure it was then up to the woman to raise the child, run the house, do the cooking, cleaning etc. Any woman who is led to believe she has no interest in the assets accumulated while together because of that scenario, should then be able to present a bill to the other party for the services performed throughout the relationship

If the OP's partner had a drastic change in financial circumstancse back in 2001 - then a variation on the child support should've been made at that time to take into account the new financial picture. If this would've been lower than what they have been paying, then the NRP could've paid more if they wanted to, but would only have been liable for the set amount The fact that the NRPP has paid the child support is commendable to the OP, but, as usually happens when people do what they believe is best without the legalities taken care of, they can be taken advantage of - sometimes, such as possibly in this case, not intentionally.

If the PWC receives the cheques, and deposits htem into her account, she is under a legal obligation to inform any department that she is receiving benefits from, and it will be treated as having this money for income purposes and her benefits affected accordingly. A verbal agreement is worth the paper it's written on with things like that!

Marisco

AnxiousMum wrote: »

If the PWC receives the cheques, and deposits htem into her account, she is under a legal obligation to inform any department that she is receiving benefits from, and it will be treated as having this money for income purposes and her benefits affected accordingly. A verbal agreement is worth the paper it's written on with things like that!

Surely though, if the cheques are only going to be in the account for the time it takes for them to clear, and then handed over to the OP, then it's just a waste of time telling the benefits people? If the wife is going to keep the money, then that is a different matter.

DX2

Marisco wrote: »

Surely though, if the cheques are only going to be in the account for the time it takes for them to clear, and then handed over to the OP, then it's just a waste of time telling the benefits people? If the wife is going to keep the money, then that is a different matter.

Do you think the DWP will see it like that when they check her bank statements? Do you think they will think she's hiding money to aquire benefits?

Marisco

DX2 wrote: »

Do you think the DWP will see it like that when they check her bank statements? Do you think they will think she's hiding money to aquire benefits?

So don't you think, that if she is not going to keep the money, it's best not to tell them, rather than cause a load of hassle for nothing?

DX2

Marisco wrote: »

So don't you think, that if she is not going to keep the money, it's best not to tell them, rather than cause a load of hassle for nothing?

The minute that cheque hits her bank account, she will be causing herself untold hassle either way. The DWP will and do find out.

Orville

Why pay the cheque into her bank account which they check. Why not just open another, pay the cheque into that then close the bank account down after it's cleared and the money forwarded..?.

ovoreo

Problem is if she sends the money on to OP's partner to the DWP it will just look like a transfer to her husband because they are not divorced :-( Surely if she sent the cheque back to the company and gave her persmission for it to be paid to the nominated bank accout in OP's name they would do that?

DX2

Orville wrote: »

Why pay the cheque into her bank account which they check. Why not just open another, pay the cheque into that then close the bank account down after it's cleared and the money forwarded..?.

Maybe because the DWP have eyes

Orville

DX2 wrote: »

Maybe because the DWP have eyes

Hmmm maybe.... how would they find out then?. Unless someone grassed.

Marisco

Orville wrote: »

Why pay the cheque into her bank account which they check. Why not just open another, pay the cheque into that then close the bank account down after it's cleared and the money forwarded..?.

You took the words out of my mouth Orville!! That is exactly what I would do. Why cause yourself more grief, I know through experience what happens when they "lose" your paperwork, and how long it takes to get things sorted!!