We want to gift our daughter $200k. Will that get us on the age pension?

smh.com.au · world
Full story

Parents considering gifting their children an early inheritance of $200,000 should be cautious about their expectations. Such a move may be beneficial for the children, but it will not automatically make the parents eligible for the age pension.

Gifting kids an early inheritance can be a good move, but don’t expect it to magically move you into age pension range.

Read full article → Compare