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Traci M.
Traci M.
Elizabeth Downs, SA
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I'm on a disability pension and applying for a permanent disability claim if I get it it will be around 90000 lawyers fee approx 7000 then tax bout 5000 could you please tell me if and how this may effects my pension and family tax?

7 years ago

Responses

Hi Traci,

Yes the money could impact your disability support pension. That pension is income and asset tested so depending on your other assets it could impact you pension.

There is some planning work that can be done to lessen the impact of it does impact your pension.

Best you seek advice from a lawyer and or financial adviser who can help in this space.

Regards
James

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