The emotional and financial upheaval of moving a family member into residential aged care is a daunting experience.
As well as requiring Aged Care Assessment Team (ACAT) approval, there is a maze of regulations, entitlements and Centrelink assessments you’ll need to contend with.
We have identified 5 key questions that you need to have answered to alleviate worry and avoid spending more than is necessary to achieve the best care for your loved one:.
• What are the accommodation options?
• How much is it going to cost?
• Does the family home need to be sold?
• What are the impacts on the age pension?
• How can ongoing income needs be addressed?
Why face these questions alone, when you can get expert advice based on real experience with the aged care system and our advice is backed by one of Australia’s most trusted financial advisory groups. We can help if you or someone close to you is facing this situation.
Family Succession Planning – Keeping things simple
Family succession planning can be complex. That’s why it can be so helpful to have a financial adviser helping you through the process.GFP can help you to cut through the jargon and help you to work through considerations such as:• how to plan for debts to be covered...