Knowing what to do and what your options are when you or your loved ones can no longer live independently can be confusing. Getting the right information and advice now will help you make the best choices for your future care, security and happiness. Plan ahead to give yourself and your family time to make the best decision.
As a starting point, we offer an obligation-free 30-minute phone appointment, where we can answer all of your questions and provide general aged care financial advice. You can book your free 30 minute phone appointment online – just complete our short registration form and a member of our Aged Care Advice team will be in touch.
Aged care financial advice
Aged care financial advice is
specific, complex and the following
issues require consideration:
- How to fund the initial
(lump sum, daily payment or
combination) and ongoing costs
of aged care
- Maximising Centrelink
- Minimising aged care means
- Showing the benefits of tax
- Deciding whether to stay in the family home or rent/sell the family home
- Reviewing other relevant
- Estate implications
Morgans Aged Care Advice Service
Our Aged Care Advice team can assist you in making sense of
the aged care system and base their decisions on sound financial advice.
Our service offers you
detailed advice considering your personal circumstances by:
- Illustrating how the Government
may subsidise your aged care
- Analysing a range of payment
options for your care at home or in residential care
- Providing detailed cash flows
over five years, taking into account available tax offsets and
- Projecting future asset values
- Modelling the impact of
concessions for your home
How does the service work?
Contact Morgans to arrange an aged care advice appointment. Our service includes:
- An initial free discussion (30 minutes)
- Completion of an aged care
- The returned questionnaire
will be reviewed by Morgans – follow up discussion if required
- Morgans will prepare a
comprehensive aged care
strategy paper specific to your circumstances, comparing up to five accommodation funding options, within five days
- Morgans will arrange a second discussion, present the strategy
paper, answer questions and
discuss any associated issues
There is no charge for your initial obligation free, general advice 30 minute discussion.
Then Morgans Aged Care Advice Service
is fee-for-service, based on the
time taken to provide the advice
As a guide,
if the returned questionnaire is
complete, the initial/presentation
meetings and preparation of
the strategy paper will take
approximately 2.5-5 hours.
Find out more
Contact the Morgans Aged Care Advice Team on 1800 807 223 or email email@example.com. Alternatively contact your Morgans adviser or your nearest office to find out more.