Below you'll find a list of all posts that have been categorized as “resources”
I’m asked this question many times each week. The answer in short, is NO, you cannot be forced to sell your family home. However, once we look at alternatives and the affect this could have on your final asset base to leave behind for your family as an inheritance, selling your family home is an option that you may consider. When …
Each person has their own circumstances, you may be in a position where you are weighing up if you need to sell the family home to afford aged care costs, specifically the RAD. With so many variables and a lot to consider, there is no simple answer, however providing specific financial advice for aged care is what we do. What …
Watch this video on income and assets assessment for aged care home costs in Australia:
Aged Care Pricing Commissioner – www.acpc.gov.au The Australian Government Deptment of Health – www.health.gov.au The Australian Government Department of Human Services – www.humanservices.gov.au The Property Council of Australia – www.propertyoz.com.au Leading Age Services Australia – www.lasa.asn.au Aged and Community Services Australia – www.agedcare.org.au The Retirement Living Council – www.retirementliving.org.au Aged Care Online – www.agedcareonline.com.au/understanding-aged-care/useful-links My Aged Care – www.myagedcare.gov.au/ Milllennium Placement …
