The aged care system

When a family member or loved one enters into aged care it can be a very emotional and stressful time. The aged care system is complex and can be difficult to understand.

People often ask:

  • What fees do you pay?
  • When do you have to pay them?
  • Does moving into aged care affect the age pension?
  • How is the family home assessed?
  • What should I do with the family home?
  • Does my estate planning need to be reviewed?

We can help you navigate this complex area and make the complicated simple.

We will help you understand your financial situation and how this works with aged care.

This includes:

  • Helping you select the right aged care facility so that your time in care is as financially and physically comfortable as possible
  • Working out the costs of care
  • Maximising your Centrelink benefits
  • Helping you by liaising with Centrelink/DVA and completing the necessary paperwork
  • Helping you understand how to manage the family home and other significant investments or assets
  • Explaining the best way to fund accommodation payments
  • Helping to structure your finances to ensure you have sufficient cashflow to meet your ongoing living expenses
  • Reducing your means tested care fees