by shanecv | Feb 14, 2024 | Aged Care, Aged Care Costs
The way you structure your income and assets can greatly impact your aged care Means-Tested Care fee. But what is the Means-Tested Care fee and how does it work? What is the Aged Care Means-Tested Care Fee? The aged care Means-Tested Care fee is a fee payable by aged...
by shanecv | Nov 13, 2023 | Aged Care, Aged Care Costs
Has the time come for you or a loved-one to move into a nursing home, but you’re just not sure of how to do it and what the process is? Well, you’re in the right place. Listed below are the 6 steps required to get into a nursing home in Australia. How to Get Into a...
by shanecv | Nov 1, 2023 | Aged Care, Aged Care Costs
Helping a loved-one move into aged care can be an emotional and financially-stressful time. Understanding aged care rules and applying them to the specific circumstances of your mother or father, through a variety of aged care financial planning strategies, can lessen...
by shanecv | Apr 1, 2019 | Aged Care, Aged Care Costs
The family of a person going to aged care often want to know how not to pay a bond at a nursing home. Surprisingly, paying a bond is sometimes not actually required at all. A resident assessed as a low means resident, is not required to pay a bond. To determine if a...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs
Paying for aged care home fees can be difficult, and often places significant stress on a family’s finances. Old age is inescapable, this is why it is crucial to plan for aged care ahead of time, especially when your loved ones require specialised medical treatment....
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs, Centrelink
Depending on your financial situation, you may be asked to pay part, or all, of your residential aged care fees if it your income and assets allow you to do so. The fees for aged care you may be required to pay include: A Basic Daily Fee A Means-Tested Care Fee...
