Blog posts
How to Reduce Assets for Aged Care? Strategies to Limit Aged Care Costs
At CoreValue we often get asked, how to reduce assets for aged care? The reason for this question is in the hope that by reducing assets, the age pension will increase and aged care fees decrease. There are a number of ways to minimise assessable assets, and I will...
Types of Aged Care Services in Australia
There comes a time when your loved one may no longer be able to take care of themselves and you’re not able to give them the full attention they may require. At such a time, they may need aged care support services. There are different types of aged care services in...
What is the Difference Between Aged Care Homes and Retirement Villages?
Moving a loved one to a care facility is often an emotional process. While you understand that your parents need the extra help you also want them to get this help in a place that is as close to feeling like home. The good thing is that there are now a growing number...
Putting a loved one into a nursing home – coping with the guilt
It’s never easy coping with putting a loved one in a nursing home. Given the option, this is a decision you’d never make. Many people take the easier way out, providing in-home care for their parents. There are many benefits to this option. Your loved ones get care...
Placing Your Parents Into Aged Care – How to Plan Ahead.
Nobody looks forward to the day that they have to place their parents in an aged care facility. Putting your parents into aged care, however, is often a decision that you will have to make even when you’d rather not. While it’s not something you don’t want to do...
When should I put my parents in a nursing home? 10 Signs It’s the right time.
This is never an easy question to answer. One, because moving a loved one to a care facility is an emotional process for both you and your loved one and you’d rather postpone it for as long as possible. Two, you are too emotionally involved to accept that it is indeed...