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This document is part of the Aged Care Gurus Advice Library. You can find templates for SOA Wording, DVA Forms, Aged Care Forms, and Centrelink Forms.

Members also have access to the Marketing Library, Technical Library and Further Education.

Related Documents

Bond In Trust

An insurance or investment bond is an investment which has features similar to a managed fund in terms of an investment whilst also being a life insurance policy. Centrelink assess financial assets held in a Trust structure differently to those held in a client's own name.

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Reverse Mortgages

Reverse mortgages, also known as 'equity unlock loans' are equity release loans designed for older borrowers including those entering aged care, who are 'asset rich' but 'cash poor'.  They enable the borrower to access the equity in their home. The borrowed funds can generally be taken out as a lump sum, a regular income stream or a combination of both.

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Home Care Overview

Home Care Packages provide care and support to assist older people who want to stay in their own home. To be eligible to receive a Home Care Package, a person must be assessed and approved by the Aged Care Assessment Team (ACAT). ACAT assessments determine eligibility for Government Funded Care Services. An ACAT assessment remain valid indefinitely unless the approval was granted for a specific time period.

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