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!
Inheritance and lcwra uc
Options

nomuny
Posts: 65 Forumite


Hi,
My remaining parent has just passed away leaving myself and my brother as the people inheriting. No will so it will be through Probate. I was power of attorney but obviously that stops on death but I will probably be rhe one sorting the probate. There's about 9,000 in the bank account (some of this will be going on the funeral, estimated from looking at basic ones locally 3-4000.) There's also a house in poor repair, which I'd estimate will maybe leave me with about 40,000 after bills etc. It's not registered with land registry as when purchased it wasn't a requirement so from what I hear this could mean any sale may take longer than if it was registered. The worry for me is when will DWP count the half of the property as income? I in no way want to defraud the system but I can't live off the money until I get it. I've read different things from they disregard for 6 months from Probate to they count it straight away. Anyone been in a similar situation?
Thank you
My remaining parent has just passed away leaving myself and my brother as the people inheriting. No will so it will be through Probate. I was power of attorney but obviously that stops on death but I will probably be rhe one sorting the probate. There's about 9,000 in the bank account (some of this will be going on the funeral, estimated from looking at basic ones locally 3-4000.) There's also a house in poor repair, which I'd estimate will maybe leave me with about 40,000 after bills etc. It's not registered with land registry as when purchased it wasn't a requirement so from what I hear this could mean any sale may take longer than if it was registered. The worry for me is when will DWP count the half of the property as income? I in no way want to defraud the system but I can't live off the money until I get it. I've read different things from they disregard for 6 months from Probate to they count it straight away. Anyone been in a similar situation?
Thank you
0
Comments
-
I would have thought that until the money is distributed to each person, then it would not be counted.Life in the slow lane2
-
Under Universal Credit, it also depends if it's New Style ESA, or all income related or just part of it and if you have a contribution entitlement.
But until it's paid to you, it doesn't exist as savings or available balance.1 -
Nothing from the estate will be taken into account until probate is done and the various assets liquidated. If there is a partial distribution before the house is sold, and that takes the OP over the lower £6k limit, UC will need to be informed.
2 -
I agree with above, while it's in probate its not classed as yours. An executor isn't allowed to delay payment when it's due, but also doesn't have to give an interim payments.
Let's Be Careful Out There1 -
Thank you all that's made me feel a bit calmer.0
-
No will means you apply for letters of administration rather than probate. The process however is the same.2
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
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards