Australia’s aged-care system is in a state of a disaster. The aged care royal commission’s final report, released last month,…
Understanding how you can help with your ageing parent’s legal and financial affairs.
Managing your legal and financial affairs is important no matter how old you are. However as people age, it becomes even more important. Having the right legal framework in place and knowing your rights can have a huge impact on living well in old age. This is also true when it comes to financial matters, especially given the often-reduced amount of income earned and the rising cost of living and health care.
In this section we’ll look at a raft of issues that help protect your parent, but please note we’re only providing general information that will help get you on the right track (here come the disclaimers). We’re not legal or financial advisors so it’s best contact a professional for specific advice.