Investing in the right advice upfront can save you thousands. When it’s time for a parent or loved one to go into aged care in Melbourne, or if you’re planning for your own future, it can be incredibly daunting and stressful. It can be a real nightmare to figure out the logistical and financial side of aged care, let alone …
Should I Pay for my Parent’s Refundable Accomodation Deposit?
Navigating aged care and the costs associated can be a nightmare. One of the biggest hurdles to face is coming up with the required Refundable Accommodation Deposit (RAD). To enter an aged care facility, usually a large sum is required and often, families want to pay their parent’s RAD to potentially prevent them having to sell the family home. And while …