Introduction to the Refundable Accommodation Deposit (RAD) When a loved one transitions into aged care, it can be an emotionally complex and financially challenging time. One of the most important decisions that families face is how to fund a loved one’s accommodation...
Why maintaining your Will is essential when entering aged care Entering aged care marks a significant life transition. One that brings a mix of practical, emotional, and financial considerations. Amid the focus on accommodation choices, health care needs, and managing...
Understanding jointly owned property and aged care fees How does a jointly owned property affect aged care fees? Julie contacted us because her mother needed to enter residential aged care. They jointly own a property and recently found out there’s no exemption...
What happens if you can’t afford aged care? When considering aged care for yourself or a loved one, one of the biggest questions is: Can I afford it? The first step in answering this is understanding the various aged care fees and costs, particularly...
Staggered entry when moving to aged care Moving into aged care can be both an emotional and costly experience. When a couple requires care at the same time, many prefer to move in together on the same day to avoid separation and to support each other. While this makes...
Aged care fee reforms – don’t leave it too late Most people with assets will pay more for aged care if they enter the system after 1 July 2025. Back in October, we shared information about the aged care fee reforms aimed at enhancing the quality and...
