Financial Advisors
Dealing with complex financial issues at a time when your main concern is the health and welfare of loved ones can be challenging, not to mention time consuming and very confusing.

Just getting a basic understanding of what forms you need to complete, what information needs to go in them, when to complete them and where to send them, can be a difficult path to navigate.
Financials can get complicated when a move to care impacts on the pension paid by Centrelink. Plus you may have to consider other issues such as how to pay for any accommodation payment and whether to sell the family home or rent it out.
All this is at a time when your main concern is finding a suitable place for your loved one to receive the care they need.
Financial advisors
A financial advisor can help you focus on the information and issues that are important to you and your specific financial situation. However, financing aged care can be a very complex issue, and different financial situations will require different strategies.
Before you engage the services of a financial advisor, here are some important questions you should ask:
- What licenses, credentials or other certifications do they have?
- Do they specialise in dealing with aged care financial issues?
- What experience do they have in aged care finance?
- Will they provide you with some sample plans?
- How much do they charge?
- Will they provide you with an outline of all your options?
- Will they provide their advice in ‘plain English’?
- Will their advice be in writing?
- Will they deal with Department of Veterans’ Affairs or Centrelink on your behalf?
- Is the service a once-off or an ongoing service?
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