For most people looking at funding aged care the biggest decision they face is whether to keep (and possibly rent) or sell the former home.
Special rules apply to the former for both pension and aged care purposes, understanding these rules and the financial implications is crucial in providing valuable aged care advice.
This webinar will include a number of worked examples to demonstrate how and when different rules apply including the exemptions that apply to residents who entered care pre 2016, in 2016 and post 1 January 2017 (currently).
Webinar Learning Outcomes:
Understand the asset treatment of the former home and income assessment of rent for pension and aged care.
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
Understanding the special rules that can apply to the home for pension and aged care.