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The Emotional Journey

Posted on February 1, 2017January 31, 2017 More Time FinancialLeave a commentPosted in Aged Care

  You and your family may feel a wide range of emotions when making this difficult decision. Some experience guilt. Some feel angry that there are no other options. The family may experience grief over the physical or mental deterioration of their loved one. Spouses may feel a sense of loss and depression about being…

The ACAT Assessment

Posted on January 25, 2017January 31, 2017 More Time FinancialLeave a commentPosted in Aged Care

If you are considering moving into an Aged Care home, you will first need an assessment with a member of an Aged Care Assessment Team (ACAT, or ACAS in Victoria). A member of an ACAT will talk to you about your current situation and help you work out what your options are. ACAT assessments are…

Choosing a Nursing Home

Posted on January 18, 2017January 31, 2017 More Time FinancialLeave a commentPosted in Aged Care

Once your application for residential care has been approved by the ACAT team, you can start applying to homes. It’s a good idea to apply to several homes as popular ones won’t always have a vacancy. Choosing a place to live is always an important decision so it’s worth asking around to get information about…

Keep or sell the family home?

Posted on January 11, 2017January 18, 2017 More Time FinancialLeave a commentPosted in Aged Care

Many people about to enter residential aged care worry that they will be forced to sell the family home to fund the accommodation costs. This decision is often made by the family of the person entering aged care. However, there can be advantages to keeping the home when it comes to aged care and Centrelink/DVA.…

Aged Care Terms You Need to Know

Posted on January 4, 2017January 18, 2017 More Time FinancialLeave a commentPosted in Aged Care

Aged Care Terms you need to know Basic daily fee A basic daily fee is used to contribute towards your day-to-day living costs such as meals, cleaning, laundry, heating and cooling. Everyone entering an aged care home can be asked to pay this fee.   Means-tested care fee This is an additional contribution towards the…

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Recent Posts

  • The Emotional Journey
  • The ACAT Assessment
  • Choosing a Nursing Home
  • Keep or sell the family home?
  • Aged Care Terms You Need to Know

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More Time Financial and its advisers are Authorised Representatives of Evolution Advisory Pty Ltd Australian Financial Services Licence 412063. In preparing this website, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.
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