Would you pass this financial literacy quiz? Many won’t – and it’s affecting expensive aged care decisions
Paying for residential aged care accommodation in Australia is complex. Residents can pay a lump sum payment known as a…
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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.
Home care packages – what’s the difference between CHSP and HCP?
There are two different funding streams that older people living at home, can access to receive support. These two funding…
Six tips for caring for someone with dementia
Joan Sauers, author of Forgetiquette – what to do when someone you love begins to forget, shares six tips for…
Is it worth selling my house if I’m going into aged care?
Is it worth selling my house for senior Australians who cannot live independently at home, residential aged care can provide…
What is elder abuse?
Elder abuse is something we hear a lot about in the news, but what is elder abuse and what can…
The upcoming federal budget is the time to stop talking about aged care and start fixing it
Australia’s aged-care system is in a state of a disaster. The aged care royal commission’s final report, released last month,…