Below you'll find a list of all posts that have been tagged as “aged care financial advice”
Often the need for an aged care financial planner comes unexpectedly. Mum or Dad gets rushed to hospital after a fall, and the doctor advises it is unlikely they can return home safely. Panic often ensues and a deep sense of overwhelm. How do we afford aged care? How does the system work? What do we do with the house? …
When the time comes to enter aged care, you may be left wondering how income and assets affect your financial situation. Income and assets do play a part in how much your aged care fees will be, however the answer is not straightforward. There are a number of costs involved when entering aged care; daily fee, means tested care fee, …
Often when the time comes for a loved one to enter aged care, it happens quite quickly. Decisions need to be made in a timely fashion. You need aged care financial advice and you may not know what that enatils. Here’s how it works: Call us! The first port of call is to call our office. Book in a time …
When it comes to aged care in Melbourne, there are two main categories when it comes to assessing the requirement to pay for care. These are ‘market price’ or ‘low means’. If assessed as having the means to pay market price, the resident is required to pay the market value for their aged care accommodation. This includes daily payments, lump sum or …
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 …
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 …
What You Should Know Before Choosing Aged Care Facilities For Yourself Or Your loved ones Choosing an aged care facility for your loved one can be incredibly daunting. You need to know that your parent or family member will be both happy and well cared for. And while once upon a time that might have seemed like a given – …
