Must knows for low means aged care residents | Accurium

Must knows for low means aged care residents

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Low means residents are those who are eligible to have their accommodation costs subsidised by the Government either in part or full. Low means resident aged care cases can be complex, especially where one member of a couple is treated as one and the other is not. In these cases, you can have a situation where couples staying in the same room, and receiving the same care, pay different fees. In this month’s aged care article we go through the must-know technicalities when providing advice to low means clients.

All Centrelink and aged care rates and thresholds referenced in the article are as at 20 March 2018 unless otherwise noted.


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is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current.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.