Still living at home and redundancy pay?

DevilsAdvocate1

Although if he is 29, the payout might not be that big. I know when I was made redundant I got less that £4000. If he moved out £1000 is not going to go very far so he might be better off paying it and staying at home.

Also, moving out when you don't have a job is probably not the best time, as the money can quickly run out. And then it will have just gone on bills and he'll have to move back in with mum. Again, might be better giving some to mum and staying put.

libra10

It sounds like the mother is financially secure, but feels 'entitled' to part of this money.

Very much like my mother in law who is passed away.

Up until our marriage, my husband's mother took all of his wages, giving him a few bob back. It was the same with his older brother, who also lived at home at the time.

It was a similar scenario to 'Bread', everything was placed in a pot on the table and mother decided where the money was spent.

A difficult problem - currently the son has no job and if unsuccessful in gaining employment, the money will be needed.

Possibly a friend or other family member could discuss this with the mother and make her realise she is just being plain greedy!

McKneff

*max* wrote: »

1.5% and I'll teach him French in the nude.

You win:D

Then I suppose it depends on whether you are male or female, then it depends on a lot of other things I suppose.;)

Fire_Fox

janninew wrote: »

Sorry what do you mean the dwp will want to know where its gone?

DWP = department for work and pensions. When they assess him for benefits they look at what he has in the bank and what he has expectations of receiving. He has to tell them he got made redundant so they will ask what his payout was. 'Giving money away' especially to a close relative is a classic method of trying to get more benefits and is officially known as 'deprivation of assets'. If they think he is on the fiddle they will be all over him like a rash.

If the mother is in receipt of any means tested benefits she may also have to declare this cash gift.