Below you'll find a list of all posts that have been categorized as “FAQ”
One of the first big decisions families face when a loved one needs to move into residential aged care is how to pay for the room itself. It comes down to two options… or a mix of the two: the RAD and the DAP. It’s easy for the acronyms to get confusing at a time when you’re already juggling a …
One of the most common situations we see in aged care financial advice is families coming to us feeling overwhelmed because their parent owns assets – but simply doesn’t have enough cash flow to comfortably live or pay for care. Recently, I sat down with a lovely family consisting of a mother recently diagnosed with Alzheimer’s disease and her three …
Often, when the time comes for a loved one to enter aged care, it happens quickly. You’re suddenly faced with big emotional decisions… and just as many financial ones. That’s where aged care financial advice comes in – but if you’ve never been through this process before, it can feel overwhelming trying to work out where to start and who …
No one wants to make mistakes when planning for aged care, especially when planning for aged care is one of the most significant financial decisions many families will ever make. The rules are complex, the stakes can be high and decisions are often made during stressful and emotional times. While every situation is different, there are several common mistakes we …
When someone in the family needs aged care, families are often feel under pressure to make fast decisions – and financial advice can feel like just another box to tick. But not all “aged care advice” is equal. Before you agree to meet with an aged care financial adviser, there are three questions you should ask first. The answers could …
When a loved one needs aged care, the emotional weight can feel overwhelming. Families often come to us unsure of their options, confused by the rules, or terrified of making the wrong financial decision. Our role is to provide clarity, confidence and compassion at a time when families need it most. Every situation is different – but the common thread …
As we (or our loved ones age), the need for quality specialised care and support becomes increasingly important. In Australia, various aged care services are available to provide assistance tailored to individual needs. Whether it is home care or a facility, costs can be high and funding confusing so navigating the eligibility requirements and understanding the process can be complex …
The process of entering aged care can be one of the most challenging times for both residents and their families. Between health concerns, government requirements and often massive financial decisions, it’s understandable that many people do not know where to start. One of the first steps should always be seeking professional aged care financial advice. With costs in Melbourne often reaching …
From November 1 2025, aged care homes will be allowed to charge an exit fee, up to 10% of your lump sum payment over five years. This change brings them a little closer in style to retirement villages, which often charge exit fees. Legally, financially and practically, they are still very different. Accommodation & Contracts: Village vs Aged Care Home …
Navigating the aged care system can feel overwhelming – especially when finances come into play. One of the most common concerns we hear is: “Can I afford aged care?” The good news is, the Australian Government helps fund residential aged care, making it accessible to everyone who needs it. However, the costs can vary greatly depending on the facility, your assets and …
