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Your home & life events

Selling or downsizing your home, inheritances, gifting and other changes.

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Selling your home, downsizing and the Age Pension

Your home is exempt from the assets test, so selling it can change your pension more than anything else. Sale proceeds, the 24-month rule and downsizing.

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Does an inheritance affect your Age Pension?

An inheritance is not income, but it counts as an asset the day you receive it and is then deemed. How it affects your Age Pension, plus the gifting rules.

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