OZPLAN FINANCIAL SERVICES
We are located in Mitcham and are a privately owned and operated financial planning business that strives to “empower generations of clients so they can be financially secure and see beyond the present”.
With a team of 11 including 5 Aged Care professionals, we are well equipped to assist clients and their families, when trying to navigate through the Aged Care maze, or reviewing the affordability of remaining at home with the health care package.
Our services include, but are not limited to:
- Assisting with paperwork such as Services Australia (previously Centrelink) & DVA documentation and Residential Aged Care applications.
- Helping families determine how they can fund Aged Care.
- Liaising between clients and the Aged Care providers to facilitate a smooth transition into care including payment of entry contributions, ongoing fees and other ongoing costs.
Aged Care: what you need to know
Aged care choices are complex!
Making the wrong decisions can come at a high price, both emotionally and financially. Whether you are considering Aged Care for yourself, a parent, partner or loved one, the decisions you face can be overwhelming.
Some of the important financial decisions people are faced with are often highly emotional too, for example whether to keep or sell the family home.
In deciding what is the right choice, you need to consider a range of factors that include;
- The ability to access the care you want.
- Whether or not care will be affordable.
- The impact on Services Australia entitlements.
- Different Aged Care costs.
- Potential Tax consequences.
- The effect on Estate Planning.
Financial arrangements vary widely and need to be considered in light of your own financial circumstances. There is no substitute for quality financial advice from a financial adviser who specialises in Retirement Living and Aged Care.
What do you need to consider?
- Accessing Aged Care versus Care at Home (Home Care Packages)
- Residential Aged Care fees and charges
- What is a RAD and a DAP, and how do they work?
- What are the daily fees and means tested care fees?
- What if I can’t afford to pay an accommodation payment?
- Can I gift my money/assets?
- Will I have to sell my house?
- How can downsizing my home affect my financial position?
- Will my pension entitlements change?
- Do I need advice?
Contact us on (03) 9078 6454 to speak with one of our advisers or book an appointment to visit our offices at 701 Whitehorse Road, Mitcham, VIC 3132. (Our office is located within easy access from Eastlink and Eastern Freeway)
WE ARE RETIREMENT LIVING AND AGED CARE FINANCIAL PLANNING SPECIALISTS
