How Helping Kids with Property Affects Your Age Pension (Part 1)

Helping kids with property might unintentionally slash your Age Pension. Learn how Centrelink treats gifts, loans, guarantor support, rent-free arrangements, debt payments and more—plus what could cost you thousands in lost pension. 📚RESOURCES MENTIONED IN THIS VIDEO: 🔗Failed Loan - https://www.servicesaustralia.gov.au/... 🍿 WATCH NEXT: ►Age Pension Playlist:    • Age Pension   ►The Big Mistake of Paying Off Investment Property Early    • The Big Mistake of Paying Off Investment P...   ►Age Pension UPDATE – New Rates & Rules from September 2025    • Age Pension UPDATE – New Rates & Rules fro...   ►3 Ways to Reduce Superannuation Death Benefits Tax    • 3 Ways to Reduce Superannuation Death Bene...   👩🏻WHO AM I? Hey 👋 I’m Rui, a financial planner-turned-financial educator. Through my videos here on this channel, I provide practical and actionable information to help you make informed money decisions.    • Channel Trailer | Who is Rui Shi?   💌Subscribe    / @ozruishi   💛If you enjoy my content, you can now support me here with a coffee ☕https://buymeacoffee.com/ruishi 📖 Read the full, detailed guide on the WealthCopilot website: https://www.wealthcopilot.com.au/help... #AgePension #HelpingKidsWithProperty #CentrelinkRules ⌚️Timestamps: 00:00 Intro 00:49 Centrelink’s Gifting and Deprivation Rule 02:10 Letting Your Child Live at Home Rent-Free (or at Reduced Rent) 03:06 Gifting 04:29 Providing a Loan 06:03 Forgiving the Loan 06:40 Acting as Guarantor 📚Disclaimer This video is for educational purposes only and is not intended as financial advice. Before acting on any information, you should seek professional advice and verify my interpretations before relying on the content or calculations in the videos, while also considering its appropriateness in relation to your personal situation.