Property Inheritance: First-Home Buyer Dilemmas
Property inheritance creates a surprising legal maze that many first-time home buyers don't see coming until it's too late. We dive into a listener's real dilemma when Jackie discovered her carefully laid plans to use KiwiSaver for her first home purchase might be derailed after unexpectedly inheriting property.
The moment your name appears on a property title—even through inheritance rather than purchase—your legal status shifts from first-time buyer to existing property owner. This seemingly small distinction carries significant consequences, potentially blocking access to KiwiSaver funds…
The skinny
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