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ESA, DLA, Restrictions on saving

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Comments

  • benniebert
    benniebert Posts: 666 Forumite
    tomtontom wrote: »
    Sorry OP, you're claiming that you don't want to play the system, then you're taking advice on discretionary trusts - which, however much some like to pretty it up, is blatantly playing the system. Why not just declare the money as savings and have the benefits adjusted accordingly?



    You can't win can you?


    You are seen by many that not claiming everything you are entitled too is being a mug. And many more would say that not putting in place a legal system to maximise income be it for tax or DWP benefit purposes is also being a mug.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    benniebert wrote: »
    You can't win can you?

    You are seen by many that not claiming everything you are entitled too is being a mug. And many more would say that not putting in place a legal system to maximise income be it for tax or DWP benefit purposes is also being a mug.

    What does it matter what other people think?

    If you have enough money coming in from the benefits you are claiming, why claim extra things?

    If you do claim them but don't spend the money, let it build up until you no longer need the means tested benefits.

    If this couple just don't need the money because of the simple way they live, what's the point of them tucking it away in a trust?
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