We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Inheritance
Comments
-
@ calley.
Thank you for the clarification. I am human, and obviously misinterpreted.
Terrible isn't it though, that people can use a deed of variation to avoid TAXES, but cannot do so to enable them to preserve benefits.
http://uk.practicallaw.com/4-500-3058
But no matter. Manners maketh man. (or woman!)0 -
Don't think i have mentioned this but there was no will produced by his mother hence where this probate proceedings is taking place. They will probably be in the process of gaining the inheritance.0
-
ABoyBrushedRed wrote: »Don't think i have mentioned this but there was no will produced by his mother hence where this probate proceedings is taking place. They will probably be in the process of gaining the inheritance.
Still makes no difference if no will was made. As they are due to inherit through the intestate rules, the same rules apply.
As has been said there is no way around. And your friend with have to bite the bullet and if need be come off means tested benefit. And pay there own way.
Yours
CalleyHope for everything and expect nothing!!!
Good enough is almost always good enough -Prof Barry Schwartz
If it scares you, it might be a good thing to try -Seth Godin0 -
But no matter. Manners maketh man. (or woman!)
Yep and I would have said the same to you face to face.
And I don't think its rude to ask if you have read the rest of the thread. Before you replied.
Yours
CalleyHope for everything and expect nothing!!!
Good enough is almost always good enough -Prof Barry Schwartz
If it scares you, it might be a good thing to try -Seth Godin0 -
I appreciate your advice guys and sorry if i have become unknowledgeable in these maters0
-
ABoyBrushedRed wrote: »I appreciate your advice guys and sorry if i have become unknowledgeable in these maters
Why would you have the knowledge?
I was thrust into the lovely world of benefits through no fault of my own. Also reading the benefits board is where I gained my knowledge.
Your friend is fine until the money hits his account. Then he must inform everyone asap.
As I said get your friend to keep receipts and don't go over board. If the money is spent quicker then a decision maker feels is appropriate. They could claim he has done it to reclaim benefits.
Yours
CalleyHope for everything and expect nothing!!!
Good enough is almost always good enough -Prof Barry Schwartz
If it scares you, it might be a good thing to try -Seth Godin0 -
Yep and I would have said the same to you face to face.
And I don't think its rude to ask if you have read the rest of the thread. Before you replied.
Yours
Calley
What do you think about the fact that people can avoid taxes by a deed of variation, but cannot sort their lives out to keep their benefits?0 -
I know what I think - that such a question is a divergence from the question asked in this particular thread, and would be better posted over on the Discussion Time board so as not to de-rail this thread.What do you think about the fact that people can avoid taxes by a deed of variation, but cannot sort their lives out to keep their benefits?:heartpuls Mrs Marleyboy :heartpuls
MSE: many of the benefits of a helpful family, without disadvantages like having to compete for the tv remote
Proud Parents to an Aut-some son
0 -
What do you think about the fact that people can avoid taxes by a deed of variation, but cannot sort their lives out to keep their benefits?
That has no bearing on what is being discussed.
If you have the money to support yourself why should you claim help from the state? There is not enough in the pot as it with everyone claiming and not enough being paid in. So where do you draw the line?
You should really take this over to Discussion Time.
Yours
CalleyHope for everything and expect nothing!!!
Good enough is almost always good enough -Prof Barry Schwartz
If it scares you, it might be a good thing to try -Seth Godin0 -
If they were to move into the house it would be disregarded for means tested benefits0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.8K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.6K Spending & Discounts
- 247.6K Work, Benefits & Business
- 604.6K Mortgages, Homes & Bills
- 178.6K Life & Family
- 262.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
