Please help with capital calculation and questions

HillStreetBlues

@samantham06
How many miles per year do you drive?  Does driving a new car give you pleasure or happy just to drive an 8 year old one?

Spoonie_Turtle

peteuk said:

Can I just check - are you already claiming UC or pre-empting transition. 

…

So at present you actually only have £13,000 (£19,500 minus the £6500 disregarded until June 25) capital.
Your benefits are discounted for the period that they are paid in as is any income. Equally any of the cost of living payments received if you can show you potentially still have them are disregarded from that £13K.

Im not clued up enough on how putting the £6500 into a trust and how this effects capital - I want to say its still counts but I cant say for 100%

I know this might be difficult with your OCD but try and think of it this way.
£0-£6000 Capital - no effect
£6000 - £16000 - reduction 
£16000 + - loss of entitlement. 

Opening post says they claim ESA with SDP which means income-related ESA - so the capital thresholds are all still the same and your post holds true. 
Although it's a £1 per week deduction per £250 between £6k and £16k (which converts to the monthly £4.35 deduction for UC).

(I'm not au fait with the rules about putting money into a trust, but because it's a personal injury payment I *think* they're correct that it would subsequently be disregarded.)

HillStreetBlues

Spoonie_Turtle said:

(I'm not au fait with the rules about putting money into a trust, but because it's a personal injury payment I *think* they're correct that it would subsequently be disregarded.)

Yes it would be.

peteuk

Thanks @Spoonie_Turtle and @HillStreetBlues - just for my SA - will ESA  with SDP be transitioned over to UC and if so with the trust being disregarded under ESA will this then continue with UC?  (I get you might not have the answer to the second because the decision hasn’t been made) 

HillStreetBlues

peteuk said:

Thanks @Spoonie_Turtle and @HillStreetBlues - just for my SA - will ESA  with SDP be transitioned over to UC and if so with the trust being disregarded under ESA will this then continue with UC?  (I get you might not have the answer to the second because the decision hasn’t been made) 

What will happen is the CB based will still be payable  but will be deducted from UC after the transfer over (the ESA deduction with be based on monthly amount, not the actual payment).
Monies in  personal injury trust are excluded from all income related benefits and includes UC.