Margaret Cash steals €300 worth of clothes from Penneys and aftermath/etc!

airy fairy

It wasnt me123 wrote: »

You do actually, but not if your portion falls below the inheritance tax limits.

For a child, from memory, its over €300,000 I think so as she received less than that, you don't have to put it on the forms but if she is left more by someone else, she will have to mention any legacy she has received in the past.

Would she be subject to changes or deductions in welfare once this is reported to social and revenue?

It wasnt me123

airy fairy wrote: »

Would she be subject to changes or deductions in welfare once this is reported to social and revenue?

Not sure but I would assume so.

They take all income/savings/winnings into consideration in working out what funds you have at any given moment if you are receiving social welfare payments - but she doesn't have it yet - though if she gets a drawdown for "emergency expenses" she will have to declare it.

qo2cj1dsne8y4k

airy fairy wrote: »

Would she be subject to changes or deductions in welfare once this is reported to social and revenue?

She’d be absolutely meanstested

Sweet.Science

Jasiah Hot Talker wrote: »

She’d be absolutely meanstested

It won’t stay in her account for long

It wasnt me123

Sweet.Science wrote: »

It won’t stay in her account for long

It won't matter - if she received it, even in €1 coins, she will have to declare it and show where she used it.

Henry Ford III

It wasnt me123 wrote: »

It won't matter - if she received it, even in €1 coins, she will have to declare it and show where she used it.

Compliance and disclosure wouldn't be strong suits one would imagine.

ShaneC93

It wasnt me123 wrote: »

It won't matter - if she received it, even in €1 coins, she will have to declare it and show where she used it.

If she gets €100K into her account there's no way she'll still qualify for much unemployment welfare. Even if she puts the full amount into savings (unlikely) she'd be calculated as earning interest / returns of €270 a week on it.

But at 35 she'll still be getting child benefit for 6 of the 7 kids she has now and likely will have her 'forever home' so she's effectively getting a boost in her pension and some cash to blow on expensive decorations.

Henry Ford III

Henry Ford III wrote: »

Compliance and disclosure wouldn't be strong suits one would imagine.

It’s disclosed now so that opportunity has gone.

airy fairy

So she can't be touched, bleeding the taxpayer, while she's got a lump-sum bubbling away...?
Wasn't mommy very clever, no 100k til she's 35, so even in her dying will she's making sure her daughter can screw the state of child benefit, lone parent, free housing etc for many years. It'll come to fruition just as her child benefit comes to an end.
Anyone know who her financial advisor and solicitor are? I could do with their numbers!

The whole thing makes me wrench.

Henry Ford III

Strawberry Milkshake wrote: »

It’s disclosed now so that opportunity has gone.

Published and disclosed are different things though. I hope someone makes the Gubbermint aware of all this.

Paddy Cow

Alrigghtythen wrote: »

What did her mother work at to save so much?

From a post on Facebook

Louise Rodgers This young woman's mother was involved in a life altering accident decades ago leaving her unable to walk,and brain damaged, unable to care for Margaret, her mother receiveda large claim as she had to be placed in the full time care of the mental health system for decades. Her mother was a ward of court when she was alive I'm sure the professionals managing her money helped her make a will, leaving what's left to her only child. I think the newspaper neglected to mention this to wind people up more and to create hatred and resentment.

Hmmmm and the professionals chose the age of 35 as the perfect time to give Margaret the money even though she was homeless and on social welfare at the time of her mother’s death?

qo2cj1dsne8y4k

When myself and my sibling lost our mommy we were 16 and 18. 22 and 24 when we both had to care for our terminally ill dad and 23 & 25 when we had no parents left.

What we were left with was security for the immediate future, a work ethic and the ability to both stand on our own two feet instead of having to swim in government assistance. Neither of us are relying on the state, and neither of us feel like we are owed anything in life.

We both have full time jobs and while the security left to us was nice, and comforting, it’s pretty much untouched because we’re both capable adults now.

Certainly not something I’d post up and boast about on Facebook, or put off getting a job and having kids I couldn’t afford on the back of getting money in 10 years time. She’s not the only one to have sh1t happen to her, or to lose a parent young. So I don’t see the relevance of that comment saying the paper neglected to mention her mother was disabled in order to stir up hatred and resentment.

It simply isn’t relevant. Her mother’s accident prohibited her mother working. It didn’t prohibit Margaret.

Ruraldweller56

ShaneC93 wrote: »

If she gets €100K into her account there's no way she'll still qualify for much unemployment welfare. Even if she puts the full amount into savings (unlikely) she'd be calculated as earning interest / returns of €270 a week on it.

But at 35 she'll still be getting child benefit for 6 of the 7 kids she has now and likely will have her 'forever home' so she's effectively getting a boost in her pension and some cash to blow on expensive decorations.

Seriously? €270 a week off €100,000?

saintsaltynuts

ShaneC93 wrote: »

She's a right eejit.You couldn't make that one up.

Kimbot

Kimbot wrote: »

Mags and co lived in a caravan at the back of their parents house in tallaght when I was growing up. Maybe it's the proceeds from house sale that's she inheriting.

Are you sure it was her parents, kimbot?

It doesn’t tie in with the post above about the mother being incapacitated.

ShaneC93

Ruraldweller56 wrote: »

Seriously? €270 a week off €100,000?

€0 for the first €20K, €1 for each K of the next €10K, €2 for each K of the next 20K and €4 for each K thereafter.
It does seem a bit high for savings / investments, that's a yield of like 14% per year.

ShaneC93

Strawberry Milkshake wrote: »

Are you sure it was her parents, kimbot?

It doesn’t tie in with the post above about the mother being incapacitated.

She was raised by an aunt & uncle. The uncle was in and out of prison. Not sure why the quote above about the mother mentions Margaret being an only child, she has 4 sisters I believe. The articles on the will mentioned they get €20K to share.

ohnonotgmail

ShaneC93 wrote: »

€0 for the first €20K, €1 for each K of the next €10K, €2 for each K of the next 20K and €4 for each K thereafter.
It does seem a bit high for savings / investments, that's a yield of like 14% per year.

where are you pulling these figures from? A yield of 14% a bit high????

ShaneC93

ohnonotgmail wrote: »

where are you pulling these figures from? A yield of 14% a bit high????

http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/means_test_for_social_welfare_payments/means_test_for_jobseekers_allowance.html#l4570f

ohnonotgmail

ShaneC93 wrote: »

http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/means_test_for_social_welfare_payments/means_test_for_jobseekers_allowance.html#l4570f

that is nuts.

ArrBee

ShaneC93 wrote: »

If she gets €100K into her account there's no way she'll still qualify for much unemployment welfare. Even if she puts the full amount into savings (unlikely) she'd be calculated as earning interest / returns of €270 a week on it.

But at 35 she'll still be getting child benefit for 6 of the 7 kids she has now and likely will have her 'forever home' so she's effectively getting a boost in her pension and some cash to blow on expensive decorations.

Where do you get a return of 14% these days?

Edit:
I see others have already made the comment and got a reply.

Omackeral

Paddy Cow wrote: »

From a post on Facebook

"Her mother was a ward of court."

punisher5112

I wonder what elderly person he robbed the €500 cash off to hand over to the court.

KrustyUCC

Strawberry Milkshake wrote: »

Hmmmm and the professionals chose the age of 35 as the perfect time to give Margaret the money even though she was homeless and on social welfare at the time of her mother’s death?

+ 7 angles to look after

Something def doesn't add up

airy fairy

And here we go again...minding the fecking traveller in case of repercussions.
Not a single bit of uproar from the media, or politicians from the revelation that this freeloader is due a windfall.
When and how are things going to change about how we tolerate this meaningless, lowlife community?

Church on Tuesday

Jerichoholic wrote: »

The Traveller Rosa Parks?

Fire me directly into the sun please.

Comparing Cash to Rosa Parks is the ultimate insult to that colossal brave woman.

I give up. It's tragic this waster gets so much attention.

Jerichoholic

Rosa Parks had a job.

DEFTLEFTHAND

I guarantee you Mags has no earthly clue who Rosa Parks is.

Jerichoholic

DEFTLEFTHAND wrote: »

I guarantee you Mags has no earthly clue who Rosa Parks is.

You can see her glazed look when he mentions her name in that video. I'm shocked she has the capacity to remember to breathe.