Selling Inherited Property May Affect Pension Eligibility
Selling an inherited property can impact pension eligibility due to Centrelink's gifting rules. However, there are strategies to navigate these regulations and potentially minimise the effect on pension payments. Understanding these rules is crucial for those considering gifting proceeds to family members.
Why it matters
This affects retirees and their families by potentially reducing pension income when assets are gifted.
Read the full story at Sydney Morning Herald→