Aged Care Planning
Decisions need to be made in relation to care facilities but there are many financial factors that also need to be considered.
The decision to move someone into an aged care facility is often made quickly and is an emotional time for all involved.
Not only do decisions need to be made quickly in relation to care facilities but there are many financial factors that also need to be considered.
Consideration often needs to be made in regards to how accommodation payments will be made, whether a property is maintained, how income and assets are treated for the calculation of ongoing care fees and Centrelink assessment. It's also crucial to ensure sufficient funding of ongoing costs for both those receiving care and remaining spouse.
It’s important to look at the impact of any decisions both today and in the future.
We are accredited to provide advice in relation to aged care and can help you understand the available options and the impact of each on yours or a loved one’s financial situation.
We also provide education meetings for people who potentially may have loved ones moving to aged care in the near future to help them understand their options and considerations to help them better prepare
Get in touch to start shaping your financial future.
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