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Aged Care Financial Advice
Aged care financial advice involves assisting individuals and families in making complex financial decisions associated with permanent residential aged care services.
How will we afford the cost of care?
Do I need to sell my home?
How do I maximise my Centrelink?
Aged Care Specialists
Aged care financial advice is a specialised area. Michelle is an accredited aged care specialist and has considerable expertise in assisting individuals and families with aged care financial advice and the Centrelink process.
We provide options and advice unique to your family circumstances, addressing common questions and concerns such as protected person rules and whether to retain, rent, or sell the family home.
Funding aged care can be an unexpected and daunting financial burden. As with any significant financial decision, it is important to obtain qualified financial advice.
Michelle develops financial advice that considers the residential aged care financial expenses and the financial resources available to fund the cost of care.
Aged care financial advice may involve:
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Understanding the fees and charges quoted by the aged care provider
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Financial modelling to project current and future costs
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Identifying the optimal structure for accommodation payments
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Assessing the value of assets and investments held
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Conventional financial planning such as investing to create cash flow
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Determining and maximising eligibility for government subsidies and pensions
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Assistance with compiling Centrelink documents and lodgement
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Estate planning
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