How to dispose of the parent capital? Part - 2

As mentioned earlier , the parent capital funds may be disbursed in three directions. Namely:

1. Improving housing conditions.

In a statement on the disposal, you can specify that you want to submit the maternity capital or part of the purchase (construction) of residential premises. It is implemented through the commission of any, not inconsistent with law, transactions and participation in the obligations (including participation in housing, housing construction and housing savings cooperatives), by means of transfer of such funds of the organization performing the realization (construction) will be (under construction) of residential premises. Also, money can be transferred to a private person conducting the alienation of the acquired dwelling, or organization (including credit, granted under a credit agreement (loan agreement) the funds for these purposes).

Note that the parent capital can be spent only for housing in the Russian Federation. It will be decorated in the common property of the parents, all children and other living together with their family members with a certain size fraction of the agreement.

2. Education child (ren).

Mother's capital can be spent on education of the child in any educational institution in Russia, which has the right to provide appropriate educational services (state and municipal educational institutions and private educational institutions that have received the appropriate license in the prescribed manner and have the state accreditation).

Tools of the parent capital can be directed to education as a native child (ren) and adopted children, including first, second, third child and (or) subsequent children. The child, whose fees will pay maternity capital, must be no older than 25 years at the start of training.

3. Formation funded part of pensions for women who gave birth (adoptive), second (third and subsequent) children after 1 January 2007.

Note: If a woman decided to use the capital for the formation of the funded part of labor pension, then she can give up to the date of appointment funded portion of the use of money in the direction indicated. This is possible in the case of redirecting them, or to purchase housing or to pay for a child's education. A woman should be to write a disclaimer on the direction of the parent capital formation funded part of pensions and submit it in time for the same term to apply for use of mother's capital.

Disposal of funds of the parent (family) capital can be carried out simultaneously on several fronts, established by the Act.

Some citizens are deluded, believing that the funds of the parent capital will be paid each time the birth of a second, third and subsequent children. It is not. Maternity capital is paid only once. For example, if during the period from 1 January 2007 to December 31, 2016 (Act applies to legal relations arising in this period) you have twins, the certificate will be issued only one child. Words that the mother's capital is provided on the second and subsequent children "should not be understood so that all children, starting with the second, the mother will receive 250 thousand rubles. Just when the family until 2007 has, for example, had children, then this family would receive the maternity capital in the third. The main thing that was not the first child.

In any case, it should be thoroughly approach the issue of choosing a direction for the disposal of the parent capital. Making a decision, think about what is important is for your children. Tools of the parent capital can not fully guarantee a comfortable future for our children, but in the case of literate orders this amount, you will have the opportunity to give children a good start into adulthood.