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Paul Davis
capital and UC rules - Fri, 01/03/2024 - 12:52

. I am a social worker for a 28-year-old male, with a diagnosis of paranoid schizophrenia, his mental health condition is characterised by pervasive delusional symptoms which affect his thinking, belief system and how he behaves. He holds a belief which is probably based in his psychosis that he needs to have money in savings to protect his name and he has managed to save around £20 000 which he has then deposited in fixed deposit accounts, and he is unable to access these savings thus cannot spend his savings and his only income is from PiP and he is not receiving any other benefits due to his savings.

 

Depositing his funds in in fixed deposit accounts in due to his psychosis in an effort to keep the money safe and away from what he perceives to be bad people as a result he is unable to access his savings for some time even to pay off some of his debts.

 

I would like to find out the legal position for someone unable to access savings which have put them over the threshold, do these still count as for the purposes of calculating entitlement to benefits since they are unable to access, are those savings still treated the same for the purposes of calculating entitlements?