Hi, my name is Tinks1! Could you keep your contribution based ESA if you inherited £100,000?

Tinks1
Online Community Member Posts: 2 Listener
If sm1 receives an inheritance of around £100,000.00 is it correct that they can still keep their Contribution ESA. My friend says he can still keep it. But I'm saying no due to the amount he would receive.
[Amount corrected by moderator]
[Amount corrected by moderator]
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Comments
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Hi @Bones1, welcome to the community!
I've not come across someone receiving an inheritance of this much before, but from what I understand of contribution-based ESA it's not means tested, so as far as I'm aware you could continue to claim regardless of how much you inherit. But I'm by no means an expert on this, so perhaps one of our members might know for certain. I'll put your post over into our ESA section where they can find it more easily and offer their thoughts0 -
It is your contribution and it not mean tested0
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CB based ESA is not affected by savings/capital. If part of their CB ESA is Income Related then this will be affected and with savings of more than £16,000 it would end.
If they are also claiming any other means tested benefits such as Universal Credit, Council Tax reduction, housing benefit then all of those will end.0 -
woodbine said:I think if anyone inherited £1m they would be wrong to claim/receive any benefits, sorry.0
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Hi All
It wasn't £1 million, was a typo. It was roughly £100 thousand, silly me for not checking before posting lol0 -
Will esa contribution stop under new rules announced by sunak0
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percyboy said:Will esa contribution stop under new rules announced by sunak
In his speech he was referring to Managed migration being brought forward for Income Related ESA claimants. Both contributions based and New style ESA are not part of UC so won't be migrated across.0
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