Aged Care

What you need to know! 

Whether considering options for yourself or deciding how best to help someone close to you, aged care is a complex area requiring careful thought and specialist knowledge.
The uncertainty surrounding where to move, how much it will cost and where the money will come from can be overwhelming and stressful.
This guide provides the basics. You will understand the steps you need to take, where to find answers and how your NewStart Financial adviser can help you make an informed decision.

If you get it wrong, the outcome can be devastating!

All too often, people leave it too late to plan for a time when they are not able to live in their own home anymore. Then when the time does come, it can fall to their children or spouse to find a solution.
 

There are typically three steps you need to take before moving into an aged care facility:

 

  • ACAT (or ACAS) Approval

  • Finding a suitable home
  • Organising your finances 
 
This fact-sheet gives you a quick overview of each step and covers all the most frequently asked questions we are asked.

If you'd like to discuss the best options for you or your loved ones, please leave us a message and we'll be in touch!

Note: Your privacy is absolutely respected and we will only contact you for the purpose of assisting you with this request.

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NewStart Financial Pty Ltd ACN: 138 037 680
Asic No. 339157 is an authorised representative of Merit Wealth Pty Ltd ABN: 89 125 557 002 (AFSL 409361)

2019 Merit Planning Pty Ltd 

T: 1300 827 439
 

The content of this site is dated October 2016 and has been prepared for NewStart Financial Pty Ltd by Merit Wealth Pty Ltd, ABN 89 125 557 002 under Australian Financial Services Licence No. 409361, (“Merit Wealth”).Merit Wealth is wholly owned by Hayes Knight Financial Services Pty Ltd, (HKFS). HKFS is a subsidiary of Easton Distribution Services Pty Ltd (ABN: 67 167 184 072), a wholly owned subsidiary of Easton Investments Limited (ABN: 48 111 695 357), (EAS) an ASX listed company. This information has been given in good faith and has where applicable been derived from sources believed to be accurate at its issue date. However, it should not be considered a comprehensive statement on any matter nor relied upon as such. Merit Wealth Pty Ltd recommends that you obtain further information and conduct your own due diligence on the services it is offering and obtain your own professional advice on whether they are appropriate for you and your practice. This information has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information consider its appropriateness. © Merit Wealth Pty Ltd.