adult son's money

Hi

 Im new to forums and have joined to see if anyone else has the same dilemma as me. I'm  mum to 19 year old Joshua who  has autism. Joshua  is relatively high functioning, is being supported by mencap in unpaid employment with a local charitable organisation, he is unlikely to be able to work without some kind of support,  it's a fantastic placement. I hadn't arranged for Joshua to claim any benefits until recently, his ESA and DLA has now  come through and he receives more money than I expected. I planned for Joshua  to save this money for his future, but note that ESA will be stopped if he has savings over a certain amount. This money willl mount up quickly so  I dont know what to do. Anyone had similar dilemma?

Suzy

Parents
  • In speaking with others i'm told that it's possible to put some in trust for his needs/care if you are no longer around. It maybe worth getting legal advice on this.

    I divide my sons benefit up three ways, one for emergency support, one for his personal allowance, so he can learn how to manage money and one for bill paying based on a budget we worked through together. If you are hoping to help him, I can recommend the attached publication. In the absence of specific tailored support for independent living/money management, this was quite useful.

    www.autism.org.uk/.../managing-money.aspx

    Good Luck

    Coogybear

Reply
  • In speaking with others i'm told that it's possible to put some in trust for his needs/care if you are no longer around. It maybe worth getting legal advice on this.

    I divide my sons benefit up three ways, one for emergency support, one for his personal allowance, so he can learn how to manage money and one for bill paying based on a budget we worked through together. If you are hoping to help him, I can recommend the attached publication. In the absence of specific tailored support for independent living/money management, this was quite useful.

    www.autism.org.uk/.../managing-money.aspx

    Good Luck

    Coogybear

Children
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