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childs capital - change to benefits?

double_mummy
Posts: 3,989 Forumite

just a quick question on behalf of a friend.
Child aged 17 has over £50000 in trust until she turns 18 she lives with Mum. Her mum works part time, gets IS CTC CB HB and Council tax benefit.
Child is still at college and will be for another 2 academic years.
Will the childs capital make any changes to mums benefits when she turns 18?
Thanks
Child aged 17 has over £50000 in trust until she turns 18 she lives with Mum. Her mum works part time, gets IS CTC CB HB and Council tax benefit.
Child is still at college and will be for another 2 academic years.
Will the childs capital make any changes to mums benefits when she turns 18?
Thanks
The only people I have to answer to are my beautiful babies aged 8 and 5
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Comments
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How does the mother work part time and claim IS?0
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she only works very little around 10 hours per a week, daughter has provided me with details so the IS thing may be an error sorry I know for a fact the others are correctThe only people I have to answer to are my beautiful babies aged 8 and 50
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Where a dependent child or young person has capital of more than £3000 the personal allowance for that child/young person will not be included in the applicable amount. Family Premium and Family Premium (Lone Parent) are not affected.so in effect less IS will be paid,HB and CTB will not be effected if an element of IS remains in payment.Retired Benefits Assessor, IRRV Tech.0
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tyvm djh i will pass it alongThe only people I have to answer to are my beautiful babies aged 8 and 50
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