AGED CARE

Aged care is a complex area with many personal, financial and emotional factors to consider.

The prospect of moving into an aged care facility can be stressful for everyone involved. It’s stressful for parents as they need to come to terms with losing some degree of their independence, and for adult children as they’re concerned with ensuring their parents receive the best care possible.

You will be faced with many personal and financial decisions. One major consideration when it comes to aged care is whether or not to sell the family home. Selling or keeping the family home can affect other things such as aged care fees and social security payments so it’s best to get financial advice before making any decisions.

Everyone wants the best possible care for their parents, and when the time comes to discuss the option of aged care we find that the best approach is to collectively review all the aged care options available in an open and transparent manner.

An understanding of the options available as well as the implications of particular choices can be helpful in reaching an informed decision. The ability to make informed decisions can be beneficial for all concerned as it helps minimise the stress and helps to provide peace of mind and reassurance.

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