The only state benefits to which you may lose eligibility are those that are based on your income. These advantages are for people who have a modest income and a small amount of money saved.
Means-tested benefits include things like Pension Credit and Council Tax Credit.
The funds will be omitted from the income aspect of the computation because money received from equity release is not classified as income.
At the moment, the maximum amount you can save is £16,000. As a result, any money you receive from an equity release that exceeds this threshold will cause you to lose your claim.
There are lower limits below which you may begin to lose some of your rights.
As a result, your advisor should investigate any benefits you may be eligible for, as well as how any equity release may effect this.