05 Aug 2014

Changes to aged care funding which came into effect on July 1 have introduced new income and assets tests to determine what people will pay for aged care accommodation or in-home care.

The new arrangements are complex, especially around the vexed question of whether to sell or keep the family home.

Because these financial decisions often have to be made quickly when emotions are running high, most families will benefit from advice to get the best financial outcome for their elderly relative.

Please don’t hesitate to contact us on 07 3231 4004 to discuss aged care advice your family may require or any other financial matters.

Please read our August snapshot here about the recent changes to aged care.

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