4.9/5 based on 100+ happy customers
Aged Care Financial Advice in Adelaide
With over 20 years of experience in aged care, our team of Adelaide advisers will offer you the best aged care financial advice for your unique needs.
Specialist Aged Care Advisers
20+ Year Experience
Licensed and Qualified
Call us on 1300 944 011
BENEFITS
How Our Aged Care Advice Can Help You
Reduce Aged Care Fees
We will work diligently to identify potential opportunities to minimise your aged care fees.
Maximise Government Support
We will explore various avenues to help you leverage government support and benefits available for aged care.
Avoid Family Disputes
As an enduring power of attorney, protect yourself from serious legal errors. Even small mistakes can have significant consequences.
Protect The Family Home
Explore strategies to keep your family home while effectively covering aged care costs.
Determine How To Pay Aged Care Fees
One of our primary goals is to develop strategies that guarantee a steady cash flow to cover your aged care home fees.
Avoid Expensive Mistakes
Aged care finances are complex. One small mistake can cost thousands annually.
HOW IT WORKS
Our Aged Care Financial Advice Process
Book a Free Consultation
During this initial, obligation-free meeting, our priority is to gain a comprehensive understanding of your situation. We will provide general guidance about aged care and assess the level of advice and support you may require.
Receive Personalised Financial Advice
We develop a customised plan to optimise the structure of your assets, investments, and income to best fund aged care. Our goal is to minimise aged care fees, maximise centrelink benefits and protect the family home.
Review Aged Care Contracts
We thoroughly review all contracts to ensure there are no errors from the aged care home or Centrelink. By handling all communications with the aged care home, we allow you to concentrate on caring for your loved one.
Transition Your Loved One with Confidence
You can move your loved one into aged care with confidence, knowing they are receiving the best possible care and their finances are protected. Importantly, you have fulfilled your duties as an EPA.
Save an Average of $7,000 Annually
Making informed financial decisions before transitioning into aged care can typically result in residents being $5,000 to $10,000 better off each year during their stay.
Adelaide Aged Care Financial Advisors
Moving a loved one into an aged care home is one of life’s most challenging transitions. Beyond the emotional aspects, the financial complexities of the Australian aged care system can feel overwhelming.
At CoreValue, we understand these challenges and provide specialised aged care advice and financial guidance to help Adelaide families.
Why You Need Aged Care Financial Planning
The Australian aged care system is complex, with various fees, charges, and government benefits to consider. Understanding how the aged care system works is crucial, as making the wrong financial decisions can cost your family thousands of dollars each year.
Our experience shows that proper financial planning can save families between $5,000 and $10,000 annually in aged care fees while maximising their Age Pension and Centrelink benefits.
TESTIMONIALS
What Families in Adelaide Are Saying
Why Adelaide Families Choose CoreValue
Our reputation as Adelaide’s trusted aged care financial advisers stems from our collaboration with local aged care providers. We create tailored aged care plans for our clients, leveraging our expertise in navigating the aged care system. This allows us to provide clear and relevant information to assist families in making informed decisions about care options and costs.
Specialised Aged Care Expertise
Unlike general financial advisers, we focus exclusively on aged care financial planning. This specialisation ensures you receive advice from professionals who have a deep understanding of the Australian aged care system.
Proven Success
With over 100 five-star reviews, our results speak for themselves. We’ve helped numerous Adelaide families transition a loved one into aged care while protecting their financial interests. Our client testimonials reflect our commitment to delivering advice in the best interest of South Australian families.
Support for You
Being an Enduring Power of Attorney can feel overwhelming. We’re here to guide you through it, helping you understand your responsibilities, make informed financial decisions, and support your loved one with confidence.
Adeliade Local Aged Care Resources
Finding the right aged care support starts with the right information. Below are trusted links to resources and local services for families in Adelaide and South Australia.
Finding Aged Care Places
If you’re looking to compare aged care homes in Perth, the My Aged Care website run by the Australian Government is a great starting point. It provides detailed information on costs, reviews from residents and families, and insights into each facility.
Family and Carer Support
Supporting a loved one through the aged care journey can be tough. But help is available. Carers SA provides Adeliade families with access to workshops, guidance, and emotional support to make the process more manageable.
Government Assistance Programs
Government assistance programs such as The Centrelink’s Financial Information Service provides free information on costs and benefits of aged care. The South Department of Health provides support programs and services for aged care.
Some of the Organisations
We Have Helped
Talk to an Aged Care Expert Today!
Fill out the form below for a response within 2 business hours,
or call 1300 944 011 for immediate assistance
Frequently Asked Questions
What Is Aged Care Financial Advice?
Aged care financial advice is specialised financial guidance tailored to help individuals and their families navigate the financial complexities of aged care. This advice can cover various aspects, including options for your family home, aged care fees, accommodation payments, and cash flow and investment strategies, all aimed at optimally funding aged care and keeping aged care costs to a minimum.
Why Do I Need Financial Advice for Aged Care?
Navigating the aged care system in Australia can be complex and costly. Financial advice can help you understand the fees involved, optimise your income and assets, and make informed decisions, so that you can focus on what’s most important; spending time with your loved one.
What Are the Costs Associated With Aged Care?
Costs can include a basic daily fee, a means-tested care fee, accommodation payments (which can be a lump sum or daily payments), and fees for extra or optional services. Our advisers can explain these in detail and help you understand what applies to your situation.
Do I Need To Sell the Home To Pay for Aged Care?
There are several strategies to fund aged care without selling your home. Our aged care advisers can discuss these options based on your specific circumstances.
Can I Rent The Family Home To Pay for Care?
You can rent the family home to pay for care. However, the decisions you make as to whether the home is retained or sold will not only affect aged care fees, but will also impact Centrelink Age Pension payments. This is something that should be discussed with an adviser before making a decision.
Who Pays for Aged Care if You Run Out of Money?
Most nursing homes these days will require a family member or Power of Attorney to sign-off as a guarantor on the initial contract, meaning they will be liable to cover aged care costs in the event that you run out of money or are unable to cover the fees yourself.
What Government Support Is Available for Aged Care?
The Australian Government provides subsidies for aged care homes. These subsidies are determined by an assessment of your care needs and your financial situation. Our advisers can help you understand what you’re entitled to and optimise your situation to be eligible for more support.
Do You Offer a Free Initial Consultation?
Yes we do! Click the button below or call 1300 944 011 to arrange a free consultation with one of our aged care financial advisers. We will take the time to understand your unique needs and goals, determining the level of advice you require, if any.
What Information Do I Need To Prepare for a Free Initial Consultation
We won’t require any detailed information, just general details. Specifically, we’ll need to know if there is a family home, its value, the amount in bank accounts, and any other investments. Only approximate amounts are necessary; statements are not needed.
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