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, 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 | 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...