Planning Residential Care and the New Aged Care Fee System
Planning for residential aged care for your loved one can be complex. Understanding the new Aged Care fee system adds another layer.
Join Financial Advisor Shane Lawler for an informative session that will help you better understand how Aged Care costs work and what to expect. There will be ample time to ask questions.
Topics that will be covered:
- Centrelink requirements and important first steps
- The different types of Aged Care residents – supported, partially supported, and fully supported
- Limited income and assets
- The family home may be excluded from asset testing
- Your role as Enduring Power of Attorney
- Common Aged Care planning mistakes
- Selling the family home too early
- How to reduce Aged Care fees
