Navigating the financial complexities of aged care can be challenging. Our expert financial advisers specialise in providing tailored solutions to ensure you or your loved ones can access quality care while optimising your financial position. Below is a summary of the aged care financial advice services we offer:
Comprehensive Financial Assessments
We conduct a thorough review of your financial situation, including income, assets, superannuation, pensions, investments, and liabilities. This helps us understand your unique circumstances and develop a personalised strategy to fund aged care services effectively.
Aged Care Fee and Cost Guidance
We simplify the complex aged care fee structures, including Refundable Accommodation Deposits (RAD), Daily Accommodation Payments (DAP), basic daily fees, and means-tested care fees. Our advisers explain how these fees impact your cash flow and pension entitlements, ensuring you make informed decisions.
Asset and Income Structuring
Our team provides strategies to structure your assets and income to minimise aged care costs and maximise government entitlements, such as Age Pension or Department of Veterans’ Affairs (DVA) benefits. This includes advice on whether to sell or retain the family home and how to optimise Centrelink exemptions.
Centrelink and DVA Paperwork Assistance
We assist with completing and submitting Centrelink and DVA Income and Asset Assessment forms to ensure accuracy and faster processing, reducing stress and saving time during the aged care transition.
Customised Financial Strategies
We develop tailored financial plans, including cash flow projections, tax optimisation, and estate planning, to ensure your wealth supports your care needs and lifestyle preferences. Our strategies also aim to protect assets for your beneficiaries where possible.
Ongoing Support and Advice
Our relationship doesn’t end once your aged care plan is in place. We provide ongoing support to adapt to changes in legislation, fees, or your financial circumstances, ensuring your plan remains effective and up to date.
Home Care and Residential Care Options
Whether you’re exploring home care packages or residential aged care, we analyse the financial implications of each option, helping you choose the best path based on your budget, care needs, and preferences.
Education and Empowerment
We provide clear, easy-to-understand information and resources to empower you and your family to make confident decisions. This includes workshops, guides, and one-on-one consultations to clarify aged care rules, regulations, and funding options.
Collaboration with Other Professionals
We work alongside your accountants, solicitors, or placement agents to ensure a seamless transition into aged care, aligning financial strategies with your broader goals.
Let us guide you through the aged care journey with compassion, expertise, and a commitment to securing your financial future. Contact us today for a free initial consultation to discuss your needs and explore your options.
