Understanding SEPE Inheritance Rules and Benefit Impacts in 2024

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Many people may not realize that there are situations where you could lose entitlement to benefits or subsidies when you inherit and become unemployed. SEPE. Some subsidies designed for people over the age of 52 require not having any own income of any kind.

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In this scenario, the Allowance for people over 52 shows that if you inherit 5,000 euros and divide it into 12 equal parts, you might still continue to receive benefits if the monthly result is 417 euros. The reason is simple: you must not exceed income by more than 75 percent of the Minimum Interprofessional Salary, known as the SMI. If the inheritance, when divided into monthly portions, goes beyond this threshold, eligibility for assistance could end.

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The same rule applies to other SEPE benefits that carry requirements similar to the subsidy for people over 52. When inheritance is involved, it is crucial to meet with a manager to review the exact type of income you will lose and to plan finances accordingly.

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Indeed, if the inheritance income exceeds 75 percent of the Interprofessional Minimum Wage, benefits may stop. A monthly recalculation is performed to determine if you continue to meet the requirements during the month you declare this income and in the following months. Any changes should be reported to SEPE for accurate adjustments.

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