I’m selling mum’s house. Will gifting grandkids the proceeds cut my pension?

A retiree faces potential pension reductions by inheriting and gifting their mother's house proceeds to six grandchildren. Centrelink's deprivation rules could apply, meaning the inheritance would impact their age pension. Experts advise that structuring the will to pass assets directly to the grandchildren may be a better solution.

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Summary by Glance · Original reporting by The Age