|
Post by maverick on Jul 6, 2020 21:26:47 GMT -5
So they're doing away with the free TV licence for over 75's unless they're claiming pension credit! Won't affect me for a few years yet as I'm too young, but. I did as the government advised years ago & saved some money in ISA's & building society accounts, now I'm retired I'm barred from getting pension credit as I have too much money in savings. Ahh well, at least I could afford to go to America on hols for 2 weeks last month & we're off for a 6 days line dance hols in Harrogate next week. I'm thinking "might as well spend it as can't take it with me!" & We've got no kids to leave it to, got some nieces & nephews but all but 2 of them are idiots, lol... Colly the answer is simple, put it into trust and then legally and lawfully you don't own it.
Main problem is getting the right trust for you and this requires considerable research and an expert trust lawyer and you can put anything into a trust (res corpus) and you can claim benefits as you have no savings, you can put your house into it assuming you own it, the wifes jewellery, and anything else you have of value.
|
|