Residential aged care strategies | Accurium

Residential aged care strategies

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The aged care system has been subject to considerable change over the last few years. The Living Longer Living Better reforms will continue until June 2017. As part of these reforms, significant changes were made to residential aged care from 1 July 2014 with new residents given more choice to pay for their accommodation and new rules for calculating ongoing care fees. Correctly structuring accommodation payments and investment strategies can produce significant benefits.


Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.