Special Disability Trusts

Fund contributions

Contributions or gifts of assets to any value can be made to a Special Disability Trust at any time by almost anyone.

The rate of a contributor’s Centrelink payment may be affected if the contribution is worth more than the allowable concessional amount or if the contributor does not meet the required eligibility criteria.

Gifts can affect Centrelink payments because they directly or indirectly reduce the assets available for personal use. Contributors must tell us about any gifts or transfers within 14 days of when they have occurred.

Any gift or number of gifts whose total value is greater than the allowable concessional amount will be assessed under normal gifting rules.

Read more about disposing of assets or making a gift.

This information was printed Thursday 23 May 2019 from https://www.humanservices.gov.au/individuals/services/centrelink/special-disability-trusts/you-need-know/fund-contributions It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.humanservices.gov.au/individuals/site-notices when using this material.

Page last updated: 10 May 2019