Aged Care Strategies

With a multitude of options and considerations, establishing a clear road map to aged care for a loved one can be overwhelming and exhausting. As an Accredited Aged Care Adviser™ Paul is well equipped to ensure all relevant avenues are considered, including:

• Exploring the preferences and priorities, and work with family members to arrive at a common view
• Advising a family on how aged care works and the range of care options available
• Identifying the steps required to access the right level of care
• Understanding the costs to enter care, including ongoing fees, and how finances can be structured to meet these costs
• Providing advice on the use of the family home in funding the entry fee
• Reviewing the parent’s ongoing cashflow requirements
• Developing strategies to optimise the parents financial position including minimising fees, maximising entitlements and effectively investing the remaining assets
• Ensuring that the estate plan continues to reflect the parents wishes and the family decisions