When to Consider
At Vue Financial we recognise that the realisation that it may be time for you or your loved ones to consider Aged Care alternatives is never easy.
Aged Care is a serious matter and as such it is often a very hard discussion to have with those close to you, however it is always best to bring the matter out into the open sooner rather than later so that everyone involved is aware of where they stand.
The decisions you make with regard to Aged Care will affect your overall financial position and as a result how long your money will last. It is important to remember that the decisions you make are not short term.
You need to consider:
- Do you keep the family home?
- What is the value of your other assets (and how liquid are they) as you need to be able to fund the ongoing costs associated with Aged Care.
- Do you have an Enduring Power of Attorney and Enduring Guardianship in place?
- Who are the key decision makers?
We have advisers who specialise in Aged Care enabling us to provide you with greater understanding around the Aged Care process. We can help with structuring your assets financially to minimise the associated costs both upfront and ongoing and ensure you are receiving any government assistance available.
Your Vue Financial adviser will outline the various options you have available and help determine which of these are right for you and your family. Click here for more info