I receive many calls from families who have decided to reduce their parents assets, either by giving them away or transferring them to another structure or family member’s control to reduce the cost of aged care. Hearing “we want to get rid of Mum’s assets” is tough to hear, especially when I understand the intention…
Recently I got a frantic call from a man, his Mum’s health had taken a turn for the worst. Mum now needs permanent residential care…urgently of course! The son asked if it would be possible for the care facility to put a caveat on the family home to pay for Mum’s care fees? As often…
It’s amazing the number of times families have been told the cost of a Refundable Accommodation Deposit (RAD), that’s the amount they expect you to contribute towards the cost of your Loved One’s entry to care, when they’ve visited an aged care facility looking for a bed; and those same families are often stressed by…
There’s a funny relationship between people and money when it comes to finding ways to reduce the costs of age care. A woman called, her Mum urgently needs permanent residential care. Mum’s a wealthy self-funded retiree and ‘someone’ suggested a 5-year plan to gift most of Mum’s assets to her children, suggesting these gifts would…
Like most things, age care is a case of ‘buyer beware’ rather than rushing! Recently I was contacted by a frustrated daughter…her father had signed a contract for his wife’s permanent entry to care without understanding the financial implications of his decision! He’d committed to a contract that was going to see him left paying…
Today was an opportunity to deliver value and some Aged Care Advice to an intimate audience of carers, faced with having to make lots of tough decisions about their Loved Ones care. Having been through the process twice myself, I know it’s a time where everyone deserves to be heard and respected. I was there…
Have you ever googled something only to discover there should be a simple answer…but there’s not? Recently I spoke with a prospective client, she and her sister were at loggerheads over making a decision for their mother’s care. Sister A) is willing to seek advice, after all she know’s this is one of my specialty…
I often encounter families going through challenges and frustration regarding a loved one’s entry to aged care. Often the biggest problems are: – people (carers) being both physically and emotionally overwhelmed from looking after the person needing care. Then trying to make sound decisions, decisions that come with long lasting implications, whilst both mentally and…
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