Inheritance and Non Means Tested Benefits

[Lucky4Seven]

My mother sadly passed away end of July this year.

My brother and financial advisor are executors of the estate.

Her house needs to be sold, its been valued around £525K.

She has equity release outstanding, but they have agreed to freeze it.

She has life insurance which will hopefully cover the debt.

Assets and saving also total to around £350K.

I am currently in receipt of Personal Independence Payment (PIP) and contributions based ESA.

My mother made provision for my half share of the estate to be placed into a private pension or trust fund.

I am also being given £25K in cash.

Do I need to inform benefits!?

[Amethyst]

Yes, as soon as distribution is made inform HMRC & DWP. Only any means tested benefits will be affected, so it shouldn't affect your PIP or contrib based ESA .

[Lucky4Seven]

Yes, as soon as distribution is made inform HMRC & DWP. Only any means tested benefits will be affected, so it shouldn't affect your PIP or contrib based ESA .

Thank you. The financial advisor will sort out any inheritance tax etc etc.

Thank god I don't need to deal dwp then!!

The benefits I am both on are not income related or means tested.

My ESA is from contributions based, not income related.

Thanks for the advice xx