What should I do if I get an inheritance when on the Aust aged pension and how will this affect my payment?

Question

What should I do if I get an inheritance when on the Aust aged pension and how will this affect my payment?

Answer 1

You tell Centrelink about it.

You are allowed a certain amount of assets and income before you are not eligible for the pension. They have documents and also advisers that you can ascertain whether you will continue to be eligible for the Australian aged pension.

Answer 2

go to a financial adviser and do not try and hide the fact you received money, it will depend on how much