Social Security

social security

The way assets are held, how much income you generate and other factors all impact on whether or not there is a full entitlement to the pension or a part entitlement to the pension.

In the way a will is done to provide for an older person, consideration on how that might affect the pension should be anticipated.  Sometimes it is possible to provide for an older person under a will without fundamentally affecting their pension entitlement (to the extent  that is important).

Also, it is our observation there are many instances where proper advice is not sought by people providing for older people (such as a husband providing for a wife or a wife providing for a husband, or even a child providing for a parent) where what appears to be an unpredictable bad outcome could have been avoided.