Aged Care Assessment – Holding onto the family home

Aged Care Assessment – Holding onto the family home

A CASE STUDY FOR AGED CARE COSTS

Janet seeks our advice on locating and moving her husband to an Aged Care facility that cares for his health issues. He has been assessed by ACAT – the Aged Care Assessment Team – as requiring high level care. Much to Janet’s relief we are able to liaise with the family to find a suitable facility nearby and explain all the necessary requirements of the facility. Janet wants to sell the family home and downsize. Because this will impact upon the size of their assets we advise that she wait a while to do this as the family home is an exempt asset while she is still living in it.
Do you know how to manage an ACAT Assessment & Your Assets? Please call us for advice & planning assistance or attend our evening seminar for more information.