Showing results for tags 'inheritence'.
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hi everyone, my daughter is 18 years old on the 5th November this year 2017. my brother who recently passed away left my daughter aprox 19 thousand pounds in isa,s which she can cash in on her 18th birthday if she wishes to. my question is will my daughters inhereitence affect my benefits if she cashes her isa, s or if she leaves where they are. my daughter is at colledge for another 2 years then at uni for another 3 years. I receive esa, pip, and housing benefit and I retire next dec 1st. many thanks in advance.
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I am currently on ESA and get my rent paid by the DWP - and I am due to inherit 100,000 - now I know that my benefits will stop - and I intend to invest £70000 on a property - my question is what I do with the remaning £30000 -i have been told the DWP take a dim view of excessive holidays and will question my expenditure when I have to sign on again -does anyone know what is excessive expenditure - because after living on the bread line for over 8years I would like new clothes a couple of holiday and treat myself well for a change - but not at the detriment of the DWP to say when the cash is all gone - to say I am not entitled to any benefit . Thanks in advance for any info
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