Financial Advisers Answer A Question On The Effects To Pension Payments When Helping Your Children Purchase A Home

This week in our regular 'Ask an Adviser' series, Financial Advisers, Dishna Wijenayake, Eric Walters, Lyle Filer and Stevie-Jade Turner answer a consumer question around what effects there are on an aged-care pension when selling your home to your child at below market value.

Ask an Adviser

My dad is on a full aged pension. He is selling his daughter (me) his house for $200k, although the house is valued at $430k. Will this affect his pension?

- Kate in Queensland

Read the Response from Dishna Wijenayake of Brillo Wealth Management in Melbourne, Vic.

Read the Response from Eric Walters of Continuum Financial Planners in Mount Gravatt, QLD

Read the Response from Lyle Filer of Lighthouse Partners in Cairns, North QLD

Read the Response from Stevie-Jade Turner of Tribeca Financial in Hawthorn, Vic.

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Financial Advisers Answer A Question On The Effects To Pension Payments When Helping Your Children Purchase A Home

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