hi everyone, I don't no if anyone can answer this as it's about becoming a pensioner and my husbands e.s.a. stopping. in January he was 65 but cannot get his pension until may, he is on e.s.a. at the moment but received a letter saying when he moves over to his pension he will have to make a new claim for housing benefit and pension credit but it also says if he has saving over a certain amount we cannot claim housing benefit. I have money in a trust that I cannot touch for another 7 yrs, does anyone no if this will affect our housing benefit even though I cannot touch the money, any advice will be gratefully received, thank you.
You should probably get face to face advice from a trained advisor who can look at the specifics of the trust, something we cannot do on the forum but the normal test is whether you can access the money or not, if you can't or can only do so with a penalty then it should not be considered as part of your savings at this time.
Gordon
Nothing on this board constitutes legal advice - always consult a professional about specific problems
We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.