Although no one likes to think about the possibility of having to enter an aged care facility, it is inevitable for many of us. For this reason, it is important to plan for such an event ahead of time.
The problem is that most people have difficulty in knowing where to start and how to go about organising Aged Care, not to mention the fact that most of us leave the planning too late or we think about it when the time comes. This can be a disadvantage when negotiating fees and charges which are often based on the aged person’s assetsand income.
We at Edsuplan have the knowledge and expertise in assisting our clients to plan for these events and to explain the legislation and jargon clients will encounter.
- A full planning service for aged care. This involves assessing the assets and income of the person entering Aged Care and planning the most cost effective way to allocate assets and income thereby reducing fees and charges made by the Aged Care facility.
- Proper planning can provide significant savings for our clients.
- Assistance in negotiating appropriate fees and charges.
- Assistance in sourcing a satisfactory Aged Care facility.
To receive an age pension, certain eligibility requirements including basic age and residency conditions must be met.
See our Retirement page for more details