We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Overpaid Pension Credit - how to confess/repay
Options
DropZone2
Posts: 1 Newbie
Does anybody have experience of having repay overpaid Pension Credit, please?
My mother-in-law just passed and we have realised that we did not declare her additional savings when she sold her house 7 years ago. Her estate might be liable for £25,000!
How should we initiate this discussion with DWP?
Declare facts and
* Wait for them to reclaim?
* Offer a settlement figure?
* Other?
My mother-in-law just passed and we have realised that we did not declare her additional savings when she sold her house 7 years ago. Her estate might be liable for £25,000!
How should we initiate this discussion with DWP?
Declare facts and
* Wait for them to reclaim?
* Offer a settlement figure?
* Other?
0
Comments
-
Let DWP know, if you need probate they'll data match at some point anyway. If the estate has enough money they'll want it all, they are duty bound to recover it.
When my MIL 2 years ago died her estate owed DWP £2k ish, we filled the forms in, sent them back and never heard from them again. FIL knows that if they come back he may need to repay them but otherwise we've done what we can.0 -
But if there are no assets in the estate will the money be payable? Wouldn't DWP be just another creditor??I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇0 -
we did not declare her additional savings when she sold her house 7 years ago.
You have checked that she did not have an AIP?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards