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Inherited income

2

Comments

  • dippy3103
    dippy3103 Posts: 1,963 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    As her HB is only £2,500 per year she’s not losing a massive amount of HB. She is however now secure financially & can pay her own rent.
    I fail to see how any of that is unfair.
  • ohreally
    ohreally Posts: 7,525 Forumite
    1,000 Posts Combo Breaker
    dippy3103 wrote: »
    I fail to see how any of that is unfair.

    Why pay your own way when some other mug can do it for you.
    Don’t be a can’t, be a can.
  • kingfisherblue
    kingfisherblue Posts: 9,203 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Xmas Saver!
    edited 31 December 2017 at 7:57PM
    ohreally wrote: »
    Why pay your own way when some other mug can do it for you.

    Unfortunately so many people seem to think this way. As a carer, I am reliant on benefits, but truly wish that I wasn't.
  • kazzah
    kazzah Posts: 460 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    if she only gets £2500 per year in HB- she is receiving the equivalent (currently) of 10 years HB
    it seems rather churlish to expect her to keep the HB as well as the money.
  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just one thought, a friends father pre purchased his funeral, this reduced his assets enough to retain benefits and stopped his family members having to pay later on.

    Just a thought!
  • t0rt0ise
    t0rt0ise Posts: 4,509 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Unfortunately it's the catch of receiving benefits. Same for those working and receiving benefits. As soon as you get a pay rise, while everyone else is thinking how much more they'll have to spend, you know that your benefit will be cut in response. While we're lucky to have a benefit system, it can get a bit soul destroying.

    By the way I am not on benefits myself, but was many years ago as a working lone parent.

    But still she can spend the money on things she needs for the house, or a holiday or whatever. Anything reasonable.
  • ognum wrote: »
    Just one thought, a friends father pre purchased his funeral, this reduced his assets enough to retain benefits and stopped his family members having to pay later on.

    Just a thought!

    I suggested that in Post 8 :)

    Lots of people don't like to talk about it though. My friend's dad died suddenly, and nobody knew his wishes. I spoke to my parents and said that I'd rather know now, put it in the back of my mind, and when the time comes, at least I could carry out their wishes. That lead to my parents considering, and later buying, pre-paid funeral plans. My dad died almost fifteen years ago, and it was a massive help, emotionally as well as financially, to have the funeral director sort everything out.
  • Like everyone else has said the benefit from the inheritance is no longer sponging from the taxpayer and living off handouts. £25k should be enough to live off for a few years.
    Debt Collection Agent
    All views are my own.
  • TELLIT01
    TELLIT01 Posts: 18,213 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    £25k should be enough to live off for a few years.

    Somebody working 35 hours per week on minimum wage of £7.50 would earn £13650, so £25k would last less than 2 years.
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Susannne wrote: »
    My mother, 78 years old, receives housing benefit of approximately £2,500 a year.
    TELLIT01 wrote: »
    Somebody working 35 hours per week on minimum wage of £7.50 would earn £13650, so £25k would last less than 2 years.

    She must be getting a pension so the inheritance would only have to top up what will be lost when the benefits stop.
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