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...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs, Assisted Living
Deciding whether to move in to and aged care home or seek some form of assisted living is a big decision that many aging Australians have to make. Comparing benefits with the costs is an essential part of the process, and what works best for one may not work for...
