When the time comes to help a loved one into an aged care facility, it can be confusing and emotionally challenging for everyone involved.
You know you want the best care, but the practical issues also need to be considered:
It’s important to ensure you know all the facts and take some time to plan to make sure you make the right decisions at this challenging time. We can meet with you to formulate a plan that considers all of your aged care funding options.
Our plan incorporates:
An important change for these residents was a new set of rules for the calculation of accommodation payments and ongoing care fees and charges. For many residents, the new system was a more ‘user pays’ system where fees are determined by both an income and assets test.
As your financial adviser, we can review your parents’ situation and provide advice on a range of areas including a comparison of the level of fees and charges payable.
We can also assist by explaining the various aged care options and provide advice on a range of areas including:
It’s important to consider the options and commence the planning process early so that decisions do not need to be made under stressful conditions. If you would like to discuss your parents’ situation, please contact us +61 8 6315 2700 or, if you would prefer, you can submit the form below and we will contact you.