How Not to Pay a Nursing Home Bond

How Not to Pay a Nursing Home Bond

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...

Protecting Assets From Nursing Home Costs

You may have heard that there are ways to protect an aged care resident’s assets from nursing home costs. A resident’s nursing home costs are based on some fixed costs and means-tested costs. In some cases, assets can be structured in a manner that will ensure...

Aged Care Financial Planning Strategies

When moving into aged care it’s very important to consider financial planning strategies and cashflow. There are a variety of fees associated with aged care and several different ways that you can structure your assets so as to minimise these fees. Not only that, you...