Prestige Wealth Management
 

 

Aged Care Advice

Growing old is an inevitable part of life - we hope. Where and how we live during these golden years is a very important and often times daunting decision.

Working out the age care option that is right for you or a loved one can be a confusing, complex and emotional process. 

Navigating Centrelink or the Department of Veterans Affairs. Deciding to keep or sell the family home. Negotiating an accommodation bond and ongoing care fees.

Having specialised in this area since going through the process with one of his own family members, Brendan McAllister is well placed to advise you on how to best structure your finances.

This advice is extensive and includes but is not limited to  the following services:

  • Personal advice on the best payment mix for you or your loved one between accommodation bond, daily care fees and extra services fees etc
  • Assistance with Centrelink - calculating the affect on pension benefits and completing the appropriate Centrelink paperwork
  • Cashflow calculations to ensure that what you have will last for your life expectancy
  • Advice on selling the family home or renting it out
  • Engaging a Real Estate Agent and managing the sales process
  • Recommendation on local Accommodation options
  • Options for funding your Accommodation Bond & negotiation with your nursing home of choice
  • Engagement of other professionals as necessary including Real Estate Agents, Solicitors, Accountants, Lifestyle Consultant
  • Recommendation on appropriate investments

 

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