by shanecv | Dec 22, 2023 | Aged Care
Understanding how the Refundable Accommodation Deposit asset test is applied not only helps you calculate how much you should pay towards the RAD, but also allows you to implement aged care financial planning strategies to minimise aged care fees and maximise Age...
by shanecv | Dec 13, 2023 | Aged Care
When choosing an aged care facility for a parent or loved-one, it’s important to know the Refundable Accommodation Deposit (RAD) in order to determine affordability. Each aged care facility has its own Refundable Accommodation Deposit (RAD) amount. But what is it? How...
by shanecv | Dec 6, 2023 | Aged Care
We all want what’s best for our parents and at some point there will come a time where we will know what’s best for them, more so than they know themselves. You might even come up against some resistance. An aging parent may be in denial about their state of health as...
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 6, 2023 | Aged Care
Deciding whether to sell a home or rent it to pay for aged care is probably the largest financial decision that you will need to make in relation to determining how aged care fees should be funded. I’m going to explain everything you need to know about renting the...