How to Avoid Inheritance Affecting Benefits in the United Kingdom | |
Inheriting assets can be a bittersweet experience, bringing with it both financial security and potential challenges. One such challenge is ensuring that the inheritance you receive doesn't adversely affect the government benefits you may be receiving in the United Kingdom. In this guide, we'll delve into the key strategies and considerations to help you navigate this complex terrain and make informed decisions. Understanding Means-Tested Benefits: In the UK, many individuals and families rely on means-tested benefits for financial assistance. These benefits are calculated based on your income, savings, and assets. When you receive an inheritance, it's important to understand that it might impact your eligibility for these benefits. This is particularly true if the inheritance pushes your savings or assets beyond the eligibility threshold. | |
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Target Nation: All Nations Target City : Norwich Last Update : 24 August 2023 7:36 PM Number of Views: 72 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002461845 |
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