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lone parents cut by half

  • 23-09-2011 4:03pm
    #1
    Closed Accounts Posts: 10


    hello , has anyone any advice ,as my lone parents is cut by half , due to inheriting a quarter part in a house. this is rented out , and rent is put into a seperate account for upkeep , repairs, bills etc. . i receive no money from this.
    my share of property is worth about 50,000 or less, in todays market.
    citizens advice said i can appeal decision, but because its seen as capital i wont win. we are not ready to sell house yet as market value is so bad, .
    any legal eagles able to advice please? thanks in advance


Comments

  • Closed Accounts Posts: 19,986 ✭✭✭✭mikemac


    Citizens advice is superb, listen to them

    Info on means test here
    http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/means_test_for_social_welfare_payments/means_test.html

    It shows the formula used. It doesn't matter that you get no income, it's still capital

    More info here
    http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/means_test_for_social_welfare_payments/how_to_assess_your_means_from_capital_for_social_welfare_payments.html
    Using the table below - find your total capital value and your weekly means as assessed by the Department of Social Protection.

    Capital/Savings

    From To Assessed Means

    50,000.00 euro 50,999.99 euro 70.00 euro

    Lone parents or the new PC name one parent family allowance is €188
    You can see they've put you at 70.00 euro on their table

    So they've cut your payment

    It's a bit of a messy system
    My advice is print off those links and go back to Citizens Information and listen to their advice

    I don't have legal eagle advice for you or a loophole, looks like SW followed their own rules


  • Closed Accounts Posts: 10 cjyam21g3pf65t


    thanks mikemac for your quick reply. appreciate it.
    im going to appeal it , even though citizens advice said its their rules, i hope it doesnt take toolong, im seperated and am expected to live on 132 euro p.w. with two children. it seems its their rules and were the losers here.


  • Closed Accounts Posts: 3,339 ✭✭✭tenchi-fan


    we are not ready to sell house yet as market value is so bad,

    That's your decision.. you're not really in a position to speculate on the property market


  • Closed Accounts Posts: 3,228 ✭✭✭mrsbyrne


    Im afraid its pointless appealing unless you can prove you dont own euro50000 of property. It doesnt matter how many times they tot up the figures euro50000 is what it is.can you persuade the other inheritors, or any body else, to buy your share?OPFP is a means tested payment, they wont allow you the luxury of protecting your nest egg from the property slump.


  • Banned (with Prison Access) Posts: 15,858 ✭✭✭✭paddy147


    hello , has anyone any advice ,as my lone parents is cut by half , due to inheriting a quarter part in a house. this is rented out , and rent is put into a seperate account for upkeep , repairs, bills etc. . i receive no money from this.
    my share of property is worth about 50,000 or less, in todays market.
    citizens advice said i can appeal decision, but because its seen as capital i wont win. we are not ready to sell house yet as market value is so bad, .
    any legal eagles able to advice please? thanks in advance


    Look at it this way,you are 50K better off than most people in this country are.

    You cant have everything you wish for.

    If the property is rented out,then you are still legally (as in the eyes of the law/revenue) recieving an income,even if you dont spend it yourself.

    Thats the rules and thats the law.


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  • Registered Users, Registered Users 2 Posts: 16,573 ✭✭✭✭yabadabado


    thanks mikemac for your quick reply. appreciate it.
    im going to appeal it , even though citizens advice said its their rules, i hope it doesnt take toolong, im seperated and am expected to live on 132 euro p.w. with two children. it seems its their rules and were the losers here.

    the appeal could take up to a year and it will be the same outcome.the share in the house is capital,no other way of looking at it.


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