It can be a confusing and emotional time when placing yourself or a relative into residential aged care.

As with many of life’s big decisions the best approach is to arm yourself with the facts and seek guidance from specialists. Naturally, your focus is to find the best aged care facility, but it is just as important to consider the financial implications too, so you make the right financial decisions for you and your family.

Questions you may ask:

  • How much does it cost?
  • How will the accommodation fees be funded?
  • Should we sell the home?
  • What affect will it have on Centrelink pension.
  • Can I keep my aged pension or can I obtain one?
  • How can my estate be best preserved so assets are not wasted?

At MAP Wealth we can help you address the important issues needed for aged care. We will help you:

  • Understand the potential costs involved in entering aged care
  • Maximise your Centrelink benefits and minimise your costs
  • Preserve your wealth for future needs