Asset Reduction Strategies for Pension and Aged Care
Reducing the impact of Pension and Aged Care asset testing
Aug 28Tue 1:00 PM AEST - Tue 2:00 PM AEST Online
- $180.00 incl. GST
- PD hours: 1
In this webinar we will discuss the key considerations associated with pension entitlement and aged care means testing and identify ways individuals can reduce these costs by reducing their assessable assets.
The topics covered include:
1. Pension means testing arrangements
2. Understanding the cost of care for an individual
3. Means tested care fee
4. Assets and income test what is included and excluded
5. Strategies for reducing assessable assets for pension
6. Strategies for reducing assessable asset for aged care
We will look at the key costs associated with care and what strategies are in place to enhance the pension, minimise care costs and provide choice for the individual. We will also discuss future consequences and estate planning.
Webinar Learning Outcomes:
Understand the means testing arrangements of pension entitlement and the cost of aged care. Identify and implement a range of asset reduction strategies to improve pension and aged care outcomes.
Industry Professionals, Financial Planners, Para Planners, Accountants and Lawyers.
Rachel Lane is the Principal of Aged Care Gurus, where she oversees the delivery of quality education together with technical and marketing support to professionals dedicated to providing quality advice to senior Australians. Rachel has been working in financial services for almost 20 years and specialising in retirement living and aged care for more than a decade. Consulted by key industry, government and media professionals for expert comments and advice, she is regular contributor of articles in both industry and consumer media. Rachel holds a Masters in Financial Planning and has co-authored a number of books, including the very popular consumer publication “Aged Care, Who Cares?” and industry text “Retirement Living and Aged Care in Australia”.
You will be provided with:
• PowerPoint presentation slide deck
• Any Supporting documentation
• Webinar Recording to view multiple times for up to 6 months
• An opportunity to ask questions to the presenter