How to dispose of the parent capital? Part 1

Despite the fact that the amount of maternity capital seems to many ridiculous, think about what exactly it forward, it should advance.

Thus, the certificate for the mother (family) capital obtained. What next? Further necessary to determine the order in which we will invest this capital.

Disposal of funds of the parent capital by the person received it no earlier than the expiration of three years from the date of birth or adoption of a second child or subsequent children.

In the event of mother's death, deprivation of her parental rights, an intentional crime against life and health of a child eligible for government support goes to his father (regardless of nationality). If both parents have died (or they were deprived of parental rights, or they commit the offense), this goes right to the very child. This right may arise as a child (children in equal shares), has not attained the age of majority, and have an adult child enrolled in full-time education at an educational institution of any type or form (with the exception of supplementary education establishments), up to the end of that training, but not longer than until the age of 23 years.

In order to dispose of maternal capital, you must submit an application to the territorial office of the Pension Fund. The statement should indicate how you decide to use these tools. This question advise decide in advance to avoid misunderstandings. A rash decision in the future may bring only disappointment.

It should be borne in mind that means you can order either fully or in parts. Also note that the data means you can order by sending them only in one direction or partially separate sheet. That is, given the opportunity, for example, part of the funds sent to the funded part of pension is the mother, and the rest - to receive an education one of the children or the education of several children.

Statement before the mother's capital may be filed at any time after two years and six months after the birth or adoption of the second and subsequent children. Application is made before May 1 of this year, it will be possible to dispose of funds in the second half of this year. If you submit an application no later than October 1 of this year, will be able to dispose of assets in the first half of the year following the year of application. You may apply and later at any time, you just have to remember that due to funds not immediately available.

Statement of disposal should be considered regional office of the Pension Fund within one month from the date of the receipt. The application must necessarily be accompanied by all required documents and copies of them, otherwise this could be grounds for denial of an application on the disposition of the parent capital. According to the results of the application shall be made a decision to grant or refuse to satisfy such a declaration.

You may be denied the satisfaction of the statement on the disposition, if there are grounds specified in the law (eg in case of death of the person who had the right to maternity capital or deprive him of his parental rights in respect of a child in connection with the birth of which came right to the maternity capital) . Grounds for denial of an application to dispose of the parent capital can serve an infringement procedure for filing such statements (eg, violation of terms of the application or non-required documents).

If you decide to use the funds immediately, but in parts, keep in mind that the reference in a statement on the disposition of the amount exceeding the amount of maternity capital that you can dispose of, will also be grounds for denial of the application. That is, you must first specify the amount, as the remaining amount will be indexed to inflation, and the body to which you have applied for disposal, can not accurately know the size of the remainder of the parent capital of the date of the application of the disposal.

After removing the grounds for refusal, for example, removing restrictions on parental rights, allowed re-treatment of the person concerned with the application for disposal of the parent capital in a general way.

Decision to dismiss can be appealed to a higher authority of the Pension Fund, or by filing a claim in court.

If the request for disposal, the Pension Fund in the prescribed manner and within the Government of the time, provides for the transfer of funds, according to a statement on disposal.

When you would have the funds in full, the Pension Fund will notify you of the termination of the right to additional government support measures.

Despite the fact that the amount of maternity capital seems to many ridiculous, think about what exactly it forward, it should advance. Perhaps, in some families even have any disagreement on the choice of such a direction? Probably, in your family did not immediately find the correct solution and you have to debate this issue with the household. Everyone can find his, or rather an explanation of whether the choice was this or that direction. Try a constructive approach to resolving this complex issue.

Once you choose the direction for the management of funds, gather all necessary information. For example, if you choose to send funds to the education of the child, gather information on all educational institutions to choose the institution in which you want to teach your child. Indicate which of these schools do not meet the legal requirements as to the direction of the parent capital to pay for training in such institutions. Calculate any additional amount you will pay for training and whether you have the opportunity to collect such amount. Collect additional information necessary, above all, to see if you can, taking advantage of state support, the full perform make a commitment to improve housing conditions or on any other of your choice, direction.