Types of income : Contents
Estate income and wills
The policy guidelines about the effect on benefits of money received from an estate or will.
Money from an estate, such as, money left to a client in a will can be received as:
- Capital payments
- Continuing income from an estate (for example as an annuity or rent from property)
- Interim payments
or
- a combination of the above
If you or the client feels that the client has been unfairly treated in a will or by an estate, they may be able to make a claim against the deceased's estate. If you have a client who may have been treated unfairly refer the case to your regional solicitor.
For more information see:
- Childs income from estates
- Residential Care Subsidy Income from life interest or lease for life
- Residential Care Subsidy Life interest or lease for life
Legislation
- income (definition) schedule 2 Social Security Act 2018
- MSD may refuse or cancel benefit if family protection claim not pursued section 203 Social Security Act 2018
