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...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs
From January 1st 2017 there were changes made to the asset tests used for calculating how much you receive from the Centrelink Age Pension. To avoid any unforeseen issues relating to your Age Pension, it is important you know what these changes are, and how they will...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs
Moving to an Aged Care Home is inevitable for most Australians and whether it’s for you, or for a loved one, it’s important to understand the potential costs involved. At some stage in your life you may be faced with the financial responsibilities associated with Aged...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs
The typical costs of Nursing Home Care (Aged Care) are broken down in to daily costs. There are a number of daily costs that on needs to consider when entering Aged Care. Different daily costs will apply to different residents. The following factors will influence the...
by shanecv | Oct 9, 2017 | Aged Care, Aged Care Costs, DVA
There are several acronyms used in aged care terminology and one that confuses many people is DVA. The term DVA stands for Department of Veteran Affairs. What is the Department of Veteran Affairs? In relation to aged care, the Department of Veteran Affairs (DVA) is an...
by shanecv | Sep 27, 2017 | Aged Care, Aged Care 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...
