At a time when your main concern is the health and welfare of loved ones, you are faced with the complex financial issues of aged care. This means you, your partner or your family must make important decisions amidst the emotional and logistical upheaval you face in a very short period.

Financial considerations

The financial decisions surrounding aged care may be overwhelming, due to the different funding mechanisms that apply to nursing homes and ‘Extra Service’ facilities.

Reoccurring questions such as ‘what are your options?’, ‘what will it cost?’, ‘will you keep the house and rent it out or should it be sold?’ and ‘what will happen to your Age Pension?’ can require urgent answers during what is often the busiest time of your life.