My father’s will requires me to pay my siblings $150k. How will that affect my pension?

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Noel Whittaker Money columnist September 17, 2025 — 5.01am

In my father’s will it states that I have to pay my three siblings $50,000 each on his demise. I have put aside $150,000, which is almost all my savings besides my super (I’m 61 years old, single and in an administration position). The interest has been added to my wages, and I’m paying tax on it. Would it be considered an asset if I apply for the pension at 67?

Would it be better to deposit this money into my super and pay them from there when the time comes, so the money is not being taxed? Or would that cause more problems when I go to claim the pension? My father, aged 91, is alive. He is adamant the money is not to be paid until he dies.

It would make sense to depos