Bare trusts - mortgage interest question
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Saxon
Community member Posts: 1 Listener
20 years ago I settled a personal injury claim, I settled knowing that if the settlement money was placed into a 'Bare' trust I would still be allowed certain Social Security Benefits. The reason for this was that the government wanted a person's injury money to last their lifetime. One of the benefits was that my Mortgage Interest payments would still be met. How can the government change its mind? I cannot go back to the 3rd party and ask for more compensation! Our government has to honour its agreement with Europe due to Brexit, therefore it should honour its agreement with its very own citizens.
I think I need help from a solicitor, anyone here able to advise?
I think I need help from a solicitor, anyone here able to advise?
Comments
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Hi Saxon and welcome
If this is in respect of the change to SMI I doubt that little can be done.
You should seek trained advice from CAB or similar
CR
Be all you can be, make every day count. Namaste -
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Hi @Saxon
It’s great to meet you this evening.
We have got some “Benefit Advisors” on our site who may be able to “help/advice” you.
Please please let me me know if this maybe helpful ???
Thanks. -
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