EOFY: Aged Care & Centrelink. What to do.

With the end of 2022 financial year approaching, it is a great time to review any Centrelink or aged care entitlements you have. As always, we are here to assist you. If you have any questions about the issues mentioned below, please don’t hesitate to contact us. Here are some things to consider: Applying for Centrelink or DVA benefits The …

Who to Deal With When Entering into Aged Care?

Entering aged care as a resident (or being part of the residents family) is usually a very overwhelming time for all. Seeing an aged care financial planner should be one of the first things you do. There is a lot to navigate and understand and quite substantial financial obligations. Entering aged care can be a very unsettling and confusing time. …

How to Choose an Aged Care Facility

There are a lot of elements to consider when the time comes to choose an aged care facility for a loved one. Here are a few pointers to help guide you when making a choice. Location Often when multiple family members are involved, this is a deciding factor. As a family, think about who will be visiting most often. If …

Nursing Home Costs: All You Need To Know

Nursing home costs (or aged care facilities as they are now known) are made up of the following components: accomodation costs, daily fee, care fee and extra fee/service fee. The accommodation cost is determined once an income and assets assessment is completed. This is arranged through either the Department of Human Services or Department of Veteran Affairs. A resident will be classified …

What Happens If I Can’t Afford Aged Care?

Firstly, no matter what your circumstances, the Australian government will fund residential aged care ensuring it is accessible for everyone who needs it. The costs to enter vary by home, and the amount of funding towards your care depends on your ability to pay and your financial circumstances.   Where do I get started? You firstly need to be assessed for …

How To Reduce Aged Care Costs

At Aged Care Specialists Vic, we often have overwhelmed family members come to us and ask how to reduce aged care costs. In most cases, the way to reduce aged care costs is to ensure the person entering aged care has minimised their assets. This will ensure they are receiving the maximum benefits towards the cost of their care and …

elderly person and a middle aged person talking on a park bench

8 Tips to Transition a Loved One Into Aged Care

Moving your loved one into aged care facility in Melbourne will never be easy. No matter how much you’d like to shoulder the responsibility of taking care of them, more often than not, it simply isn’t feasible. In most cases, an aged care facility is recommended by the GP to give your loved one the care they need and deserve. …