endowment policy, ex wife, dss and child maintenance

DX2

Orville wrote: »

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

Things pop up all the time via the DWP/HMRC computers.

Orville

DX2 wrote: »

Things pop up all the time via the DWP/HMRC computers.

Not a totally seperate bank account that they nothing of wouldn't.

Marisco

I really cannot see the problem here???? It's not done in order to defraud anyone, it's just to stop a lot of hassle with the DWP!!!

bigmuffins

Hi!
I don't normally frequent these boards but this just caught my eye.
Can the person named on the cheque not ask the company to reissue the cheque payable to the OP's partner? This would seem the straightforward solution?
:beer:

DX2

Orville wrote: »

Not a totally seperate bank account that they nothing of wouldn't.

Okay Orville if you say so

Orville

DX2 wrote: »

Okay Orville if you say so

Well if you know better do enlighten, i would be interested to know...

lou167

Thanks everyone for all your replies. Our ultimate aim is to do things correctly as we don't want to be living with the concern that wife has not declared what should be declared. Wife did complete the initial form requesting the moneys be paid into my partner's account but they returned the cheque saying that was not possible.

I think wife will have to declare the money, and having looked at the citizen's advice bureau it indicates she will lose £1 benefit for every £250 she has over £6000. The money is for about £11000 so I calculate she will lose £20 per week, presumably until the money is spent (and not by squandering it so as to be seen to deliberately depriving herself of an asset) or perhaps for 250 weeks which is how long I calculate the additional £5000 would last if spent @ £20 per week. The best solution all round therefore would be for us to just take the first £6000 and leave the £5000 with her so her financial situation will not be compromised.

There is always the hope the dss will accept that it was agreed the moneys were to ultimately come to us but we are fully expecting this not to be the case!

Thanks again for all your advice.
Lou

dmg24

Orville wrote: »

Well if you know better do enlighten, i would be interested to know...

All bank accounts are trackable to your NI number. Hence, the DWP can see whether claimants have any other bank accounts. Keep advocating fraud though, I'm always happy to see a scammer caught out.

Orville

dmg24 wrote: »

All bank accounts are trackable to your NI number. Hence, the DWP can see whether claimants have any other bank accounts. Keep advocating fraud though, I'm always happy to see a scammer caught out.

Then as you always are and have always been, you'll be miserable for a long long time..


Jog On...

meds12_2

why not use one of those cheque cashing places? They would charge you a fee to use but it would be considerably less than the £5k you mentioned in your last post