Want to learn more about downsizing or moving into a retirement village? On Friday 24th June, Eric Hiam will be talking at Lendlease Retirement Village discussing Retirement Villages. For more information, see below.
On May 4th, IRT Thomas Holt are hosting an Aged Care Expo. You will be able to take a tour of the aged care centre, enjoy a morning tea and learn about some of the benefits IRT Thomas Holt has to offer, such as 24/7 personalised care. Attendees will also hear from Eric Hiam who […]
On Wednesday 20th April, the retirement community at Australian Unity – Constitution Hill are having an open day. Located in the heart of Western Sydney, get acquainted with what your retirement can look like at Australian Unity – Constitution Hill. See below for more information.
Many Retirement Villages are now offering ‘funding options’, allowing you to make a choice of how much you pay for your Accommodation upfront. This is called the Entry Contribution. The Entry Contribution changes the amount you receive back when you decide to leave the Retirement Village. In most cases, it is the sale price less […]
Just because the value of your estate is bigger, doesn’t mean it should cost more! When someone dies, the executors of their estate may need to apply for Probate. Probate is the Supreme Court ratifying the will of the deceased is the current and last version of the will. This confirms what are the assets […]
When someone moves into an Aged Care facility and sells their home to pay the Accommodation Payment as a Refundable Accommodation Payment (RAD, or Lump sum), if they have residual funds left over after paying the RAD, then there may be an impact on: Age Pension and Service Pension The residual funds left over after […]
Just as Centrelink and the Department of Veterans Affairs index their pensions twice a year, some of the fees charged in residential aged care and home care are also indexed on the same dates (20th March and 20th September each year.). Below are the changes to the fees which are indexed for residential aged care […]
Centrelink and the Department of Veterans Affairs (DVA) index their means tested pensions on the 20th March and 20th September each year. The changes to both Centrelink and DVA pensions are as follows: Centrelink (Maximum Pension Entitlement) Singles Couples Illness Separated Couple Was ($ per fortnight) $967.50 $729.30 each $1,458.60 combined $967.50 each $1935.00 combined […]
Are you, or someone you know looking to downsize or move into a retirement village? If your answer is ‘Yes’, then the Assisted Living Apartments at Riverview at Carrington may be for you. Situated in the secluded Carrington Estate at Camden, the Riverview Assisted Living Apartments are designed to offer low maintenance, luxury apartments for […]
Since 2020, the COVID-19 pandemic has made everybody’s lives difficult in one form or another. It has caused financial strain for some people and taken a toll on other people’s physical and mental wellbeing. Some of those who have been hit the hardest are the residents of Aged Care facilities. For most elderly residents, the […]