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Q: We are both on Centrelink pensions we have seperated but share care and a housing place as we have two children who have severe lifelong disabilities and care for one child each. They are just about to be left a house in a will from family would it be smart to put it straight into the children's names or into one of our names as we will be lifelong guardians?
A: Single and aged care pension family tax benefits. It is their fathers sister who wants to leave the house so that the boys will always have a place later in life. What is the difference between leaving it In a trust and just leaving it in the will. As boys are never going to be able to control finances etc we will always have control so would it be easier to put in fathers name and he leaves in his will for children. Thankyou
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Q: We are both on Centrelink pensions we have seperated but share care and a housing place as we have two children who have severe lifelong disabilities and care for one child each. They are just about to be left a house in a will from family would it be smart to put it straight into the children's names or into one of our names as we will be lifelong guardians?