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Inheritance While on Social Welfare

  • 09-01-2021 2:23pm
    #1
    ebjarrell
    Registered Users, Registered Users 2 Posts: 65 ✭✭


    I am in receipt of Jobseekers Allowance with my wife and four kids listed as dependents. The mother and father of my wife (she's an Irish National) died last year and they left the house to their four children. The house is appraised at around €350,000.

    I'm curious as to the affect this will have on our weekly payment as well as our HAP.


Comments

  • #2
    Car99
    Registered Users, Registered Users 2 Posts: 2,531 ✭✭✭Car99


    Try the State benefits forum .


  • #3
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,292 ✭✭✭✭Mrs OBumble


    What do the four children plan to do with the house?

    The only way it won't affect your benefits is if you are living in the property.


  • #4
    ebjarrell
    Registered Users, Registered Users 2 Posts: 65 ✭✭ebjarrell


    Mrs OBumble wrote: »
    What do the four children plan to do with the house?

    The only way it won't affect your benefits is if you are living in the property.

    They are gonna sell the house and split up the funds after the fair-deal is taken out.


  • #5
    wench
    Registered Users, Registered Users 2 Posts: 1,663 ✭✭✭wench


    It will depend on how much goes on the fair deal, but if she received a quarter of the €350K, you would be looking at means of €220 per week.
    Your payment would be reduced by that amount. Not sure how it would affect HAP

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


  • #6
    rondog
    Registered Users, Registered Users 2 Posts: 611 ✭✭✭rondog


    ebjarrell wrote: »
    I am in receipt of Jobseekers Allowance with my wife and four kids listed as dependents. The mother and father of my wife (she's an Irish National) died last year and they left the house to their four children. The house is appraised at around €350,000.

    I'm curious as to the affect this will have on our weekly payment as well as our HAP.

    You are on Jobseekers so you may be working by the time the kids get the house?Why do you assume you will still be unemployed?


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  • #7
    Peregrinus
    Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭Peregrinus


    rondog wrote: »
    You are on Jobseekers so you may be working by the time the kids get the house?Why do you assume you will still be unemployed?
    It's not the OP's kids who are getting a house; it's the OP's wife and her three siblings. And they've already got the house; their parents have died and left it to them. Presumably the sale of the house, the settling of the parent's Fair Deal and other liabilities, and the distribution of the net proceeds will follow in fairly short order.


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