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Just Before Application Everything Saved Was Given Away - Ten Years No Basic Insurance in Old Age
Those who transfer their savings or the house to children or grandchildren shortly before the application for basic security in old age want to secure the property before the social welfare office. In many cases, the gift causes the opposite. The office has two ways of getting to the donated money, and one of them does not affect the recipient, but the donor himself: he can lose his right to basic security for up to ten years. This is no excepti…
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Those who transfer their savings or the house to children or grandchildren shortly before the application for basic security in old age want to secure the property before the social welfare office. In many cases, the gift causes the opposite. The office has two ways of getting to the donated money, and one of them does not affect the recipient, but the donor himself: he can lose his right to basic security for up to ten years. This is no excepti…
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