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  1. Hi I hope someone can advise me please. My father sadly passed away and I'm about to receive about £12k inheritance money. my family and I receive working tax credits/child tax and housing benefit as we are on a low income. my partner rents a taxi and pays a lot of money out on the car rent /radio settle and fuel before he even starts to make a wage We are aware that our housing benefit will be reduced but we are thinking of buying a taxi to reduce our out goings on the car and make us better off financially and my partner wont have to work all the hours god sends to m
  2. Hello, can anyone help me to fill in this directions questionnaire, it is a long story I have to tell. Myself and My Partner were living in a two bedroom bungalow that we purchased in 2006 we have 3 children now and the bungalow was too small but we couldn’t afford to move, his parents (who at the time were giving £50k to my partners brother and sister) said they would pay for an extension to our bungalow to the same value (because they didn’t trust him with money) this was great my partners dad instructed a builder (sorry trying to make this as short as possible) w
  3. Hi, Just looking for some advice as am fretting hugely and feeling a bit confused by the rules. To explain as simply as I can... I am currently in receipt of high rate DLA and income related ESA in the support group. I was awarded both of these at reassessment without any difficulty and wasn't even called to a medical for my ESA. I have been on these benefits for a long time and have also been on housing benefit for about two years since I moved into my own flat. I suffer from mental health difficulties including a long term eating disorder and type 1 diabetes which means my phy
  4. Hello all my first post so be kind I am on ESA and DLA and also receive council tax benefit and housing benefit. My wife does not make a claim for any benefits in her own right I included her as you do . A relative of my wife who we had not spoken to for nearly 12 years or more has died but my wife has been told she will receive a share of the estate when it is sold and divided up. I am not mentioned in that the share at all. I need to know when I have to tell LHA and DWP about the money my wife receives as we have no idea of how much and - we have been told it co
  5. Hello guys, I am sorry if this post is in the wrong section. Please kindy either put it in the right section or answer as best as you can. This is a desperate situation. I am currently unemployed for 4 years. I can not seek benefits as i have a property rented out. Income is around £1300 and out goings with huge debts around £1400. My mother and brother owned the house i currently live in and up to December 2006 i paid via the direct debit mortgage, internet and sky. My mother died and named me in her will. I paid solicitors around £700 to do som
  6. Not sure if I am on the right site but here goes! My husband and I are both 66 and live in a housing association bungalow. We both receive state pensions and my husband receives DLA at the highest level. My mother sadly passed away last November and I will be receiving an inheritance although I don't know how much as her estate is going through probate at the moment. I would think it would be between 60K and 90K but that is an educated guess. At the moment we receive housing and council tax benefits but I know that will not continue once I receive my inheritance. My two main co
  7. I am seperated and live in the former matrimonial home (no young children) there are two restrictions on the property in my ex husbands sole name. I bought the ex's beneficial interest from the trustee in 2009 when he (the ex) was declared bankrupt, for a nominal fee using the same solicitor as the trustee. I was unaware at that time that they were not dissolved in the bankruptcy. I only discovered that they remained 6 years later when he left me. I have recently learnt that he (the ex) will be inheriting 50% shares in two properties and will be getting a lump sum
  8. General question - if you hold a joint account, and one of the account holders dies, how much of the joint account would be considered part of the deceased's estate, for Inheritance Tax purposes? Example 1 Husband and wife have a joint account of £100,000; husband dies. Is £50,000 considered part of his estate, and the other £50,00 considered as just a part of the wife's assets? Example 2 Husband, wife and two adult offspring have a joint account of £100,000; husband dies. Is £25,000 considered part of his estate, and £25,000 considered part of each of the 3 dependants' asse
  9. I normally manage to avoid the store exit reps, those who are selling double glazing, conservatories etc, However, yesterday whilst I was at the Range, I got caught by a lady working for a law firm offering an hour's free advice on how to avoid assets being gobbled up by Care Home Fees and Inheritance Tax. I have already written a will, as has hubby, with the help of our own solicitor - we are tenants in common on a mortgage free property and have both nominated our son to inherit our share of the property and assets in the event one of us dies before the other. The chances o
  10. Hi, I'm trying to help a friend. Child is three years old, mother was common law wife of the child's father. Father has been killed in a work related accident. The employer has made a payment (from Avia) through a solicitor engaged by the mother. The child is the beneficiary of the very small estate. The solicitor will only pay the monies into a the Child's account which has to be a trust account with two signatories and flatly refuses to pay into a simple Child's account. We have been unable to find an High Street bank that offers such an account. The solicitor is
  11. My father has a house which is quite big with 6 bedrooms, 2 receptions, two toilets a utility room, a bathroom, cellar, attic room and large garden and yes a reasonable size kitchen. He is due to get it valued soon but we imagine it is worth between £700 - £800,000. As most of us have moved out of the home we wanted to convert the house into 3 flats and want to know whether this would de-value to increase the value of house as it would be in 3 flats and how this would impact on us in terms of inheritance tax...does anyone know???
  12. Hello everyone, I recently stopped my claim for JSA, I am still unemployed and my wife works part time. However, my father died in July last year and between my brother and I we received inheritance from the house and savings etc. This money took my savings over the threshold for benefits. So, I stopped my claim as I wasn't receiving any money and it hardly seemed worth going through the Jobcentre motions to claim nothing! Now, my question is, (and I can't seem to get through on any number for the NI or Pensions that the JCP gave me) would my leaving the JSA stop
  13. My friend Lee, who I posted about on here a while ago, cannot work as he has severe epilepsy. He had his money stopped and was told to get a job, but won his appeal a while ago. All benefits have just been renewed this year. with no problem whatsoever. He gets ESA and is in the support group. He gets DLA at high rate. He has his rent paid by HB and also his Council Tax. He lives in a one bedroom ground floor council flat in a lovely little block, and has done for 20 years. The extra money has enabled him to kit it out so his home is safe as it can be for his disabilities
  14. I have a strange situation and would appreciate some help. my mum who is 81 and is in poor health wants to give me and my two sisters half of her rental properties. which means we will each get 1/6th of her income from these properties which is aprox £2000 per year. my problem is that i am currently on esa in the support group and my two sisters work full time. im currently unable to return to work as im am currently being treated for various things and recovering from a stroke. my question is this if this happens (abd my two sisters are pushing for it) will i loose my inco
  15. I have an assured tenancy in a housing association flat. I first moved into the complex in January, 1994. Due to my disability stairs were a real problem, so in February 2001 I transferred down to this flat which is on the ground floor. If I came into some money would I have to leave my flat? The amount wouldn't be enough for me to buy my own place and I wouldn't get a mortgage as I am not working due to disability. This flat has been adapted for me and can be adapted further should I need to use a wheelchair in the future. I would stop my means tested benefits and would th
  16. Hi Son has inheritance coming in 22 months when he's 25. Will says can ask for advance for education, benefit. Asked executor, they asked for proof so provided them with invoices for rent and deposit, items for accommodation and fees from Uni, also asked for rest of money to be placed in 2 year fixed account for when he's 25. A month later they reply and say as he has already paid then answer is no. Can they refuse especially when clause was put in will for allowance of advancement of inheritance? Any help greatly appreciated.
  17. From 1 October, changes to the intestacy rules will mean spouses and civil partners will receive more if their partner dies without a will. The rules changes won't affect people who die with less than £250,000 in assets. The rules of intestacy set out who is entitled to inherit if a person dies without leaving a valid will. The main changes are: if a spouse or civil partner dies intestate and there are no surviving children, the remaining partner will inherit the whole estate if a spouse or civil partner dies intestate and there are surviving children, the remaining pa
  18. This is an excellent site full of knowledgeable people given what I now know about PIP following my first thread. Now my second and just as important. I'm not trying to get something for nothing, I just want to follow the rules and claim what the law allows me to benefit from. As I said before, I was 65 in June 2014, my wife is 71. We receive a mixture of income, AA (wife) DLA (me) private pensions (me) and each of us receives the SRP + we get a top up of Guaranteed Pension Credit of £69 a week and get help towards our mortgage (£101,000) with housing/interest payments of £70
  19. Hi all, Thanks for looking at this, I hope someone can steer me in the right direction. Bit of a long story so please bear with me. I'm not sure which bits are relevant so thought it best to put as much detail as possible in. My parents purchased our family home in 1977 (a year after my birth). They were not married at the time but had a joint mortgage. In 1984 they got married but did not change my mother's name on the mortgage. Fast forward to 1997 when my mum died intestate. At this point my dad decided to pay off what was left of the mortgage (a minimal amoun
  20. Hi all, my mother died recently and left her house to my brother and I. He lives in the house. The estate is awaiting probate but the will was not specific regarding the house - it said that the house was to be left to both of us but my brother could live in it. Now probate are questioning whether mum had capacity but I am concerned about how we resolve the inheritance issue. I would like him to buy me out but he says he will not, nor will he sell or allow me to move in so I can rent my property out. He wants to live there for nothing. We are both executors. I don't want to fall out
  21. Hullo all I would appreciate any help and opinions you can give on the following: A lady friend of mine borrowed quite a lot of money (I believe in excess of £9000) in order to buy a car on behalf of her daughter. It was agreed between them that the daughter would repay by instalments and all went well until the daughter was discovered to have a terminal brain tumour. Sadly and inevitably she died leaving some £5,200 still to be paid to her mother. It then turned out that the daughter left the car in her will to her boyfriend. As there are no other assets in the estat
  22. Due to a recent death in the family, my wife and I will inherit the contents of the deceased's bank accounts once all the paperwork is sorted. The accounts are with a bank that I owe money to a subsidiary of (amongst several other debts), but we bank elsewhere for obvious reasons. Coincidentally(?) we've been contacted by the DCA associated with the bank asking us to call them, which we won't, and have asked them to write, which they haven't. Can the bank withhold the sum due to them from the payment they make to us, bearing in mind that there would be enough to cov
  23. Hi, I had my house repossessed a while ago after my relationship ended. The mortgage was originally just in my partners name but we remortgaged and my ex partners wage was just a little short so they put me on the mortgage also, I only earned £4000 at the time. I never helped with the mortgage payment as my income was so low. When my relationship ended I moved out. Not long after this my ex stopped paying the mortgage and the house was repossessed. My ex has now told the bank he has no way of paying so I am paying £20 a month. I have recently come into money and am worried that it will all be
  24. Hello. I got dismissed from my job, due to my disability, in Aug 2012. After 36 years unbroken service, but that is a whole other story. I had my ATOS medical, that's yet another story, and I am now on WRAG ESA. In their wisdom they have placed me on both IB and CB. I don't understand why, there must be some kind of benefit (to them I imagine), if someone can tell me the answer to this I would be grateful. But my real question is this, it is looking as though I may be receiving some inheritance in the next few months. I don'y know how much this will be, but I think it will be betw
  25. My niece who has 2 teenagers under 18 inherited approximately £110,000 a few months ago on the death of her husband. It was in the form of an insurance policy and the condition was that the money should be used to purchase a home for her & the girls. I don't think any money went through her account or if it did, it went straight towards payment for their home. After the death of her husband, she was unemployed for several weeks and now has a job at a supermarket for 19 hours per week on minimum wages so earning about £130 per week. She has no savings and has applie
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