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I am about to inherit $100,000 from my mothers estate. I
Hello Deborah, I am Glenice. I am about to inherit $100,000 from my mothers estate. I would like to give it to my son. I am retired and do receive a small part pension plus I have some super. Do I hav… read more
Leon
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We put a mortgage on our home to purchase business for
Second opinion] We put a mortgage on our home to purchase business for daughter. Business has failed and we have paid out mortgage from our Superannuation. As long as the business exists, will this st… read more
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I have lived in my house for ten years. The house belonged
Good evening. Thank you. I have lived in my house for ten years. The house belonged to my Mother. She has her own house. Recently I purchased the house at an agreed value with Mother. It was to help h… read more
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I was wondering. My wife and I are pensioners and my son has
I was wondering. My wife and I are pensioners and my son has asked us to help him purchase a house by going guarantor for 20 % of his loan. We are happy to do this and have already talked to CentreLIn… read more
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I am a Pensioner and inherited a house when my mother passed
I am a Pensioner and inherited a house when my mother passed on. I have since sold it and gifted 100K to my ex-wife.How will Centrelink treat this issue and will my Pension be penalised?Thank you. … read more
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We are working pensioners in particular my husband who is
We are working pensioners in particular my husband who is the pensioner he is 72 in July - We report our income to centrelink every fortnight for our small family company. I receive benefits as a wife… read more
Leon
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Hi, I am hoping you can give me some clarification on my son's
Hi, I am hoping you can give me some clarification on my son's eligibility for the Disability Support Pension (Blind) which I was told to apply for 8 years ago when he left school. This was subsequent… read more
Daniel
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Centrelink payments I am a pensioner 70+ and own partly a
Centrelink payments I am a pensioner 70+ and own partly a townhouse in Sydney value approx. $700.00.My son would like to buy out the other partner with $150.000 and also pay up the remaining $140.000 … read more
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Hi in regards XXXXX XXXXX right to live in the property for life
Hi in regards XXXXX XXXXX right to live in the property for life that i gave my granparents they moved out, and i am now living in the house, but they have now informed me because centrelink are going… read more
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Father divesting his inheritance and giving it to his sons
My father (92) is about to inherit some money from his deceased sister. He wishes to give this money straight to his 2 sons as he doesn't need the money. Can he divest his interest and ask the executo… read more
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Iam 73 never claimed the pension at 65, have been in and out
Iam 73 never claimed the pension at 65, have been in and out of the country over the past 10 years, have been doing small consultant jobs, i have mainly operated out of the Philippines, have returned … read more
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Leon
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while in america, i broke my back lifting my luggage. i was
while in america, i broke my back lifting my luggage. i was on a widow pension when i left australia. i sent centrelink medical reports of this injury and was unable to go back during the portability … read more
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My mother in law is gifting me $80,000 to help my wife and
My mother in law is gifting me $80,000 to help my wife and I buy an investment property that she will then live in and pay rent ($250 per week) My mother in law is signing a stat dec to say that the g… read more
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I need legal advise in regards to my mums property. She is
I need legal advise in regards XXXXX XXXXX mums property. She is 83 and wants to know how and what she has to do if she wanted to sell her property to one of her children at a price that she wants whi… read more
Leon
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so even though my name is not on the business I have to pay
so even though my name is XXXXX XXXXX the business I have to pay his debts from the house money.I also meant his sons will probably sue me not centrelink.… read more
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If I want to put my adult son onto the title deed of my house
If I want to put my adult son onto the title deed of my house (making him joint owner without any money exchanging hands) He does not live with me. Will this affect my age pension? My property is in N… read more
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I have been told that if I transfer my Mothers home into one
I have been told that if I transfer my Mother's home into one of the family, that after 5 years she will not have to pay to go into the nursing home as she hasn't owned a home for 5 years. Is this rig… read more
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Leon
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My mother has been in aged care for some time without declaring
My mother has been in aged care for some time without declaring she owns her own home now she is thinking of selling it where will she stand with centrelink as she receives a pension… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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