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.
There are lots of different terms used by retirement communities, from the traditional “Retirement Village” or “Over 55’s Community” to the more contemporary “Gated Community”,
For a couple the timing of an aged care asset and income assessment can affect the calculation of assessable assets and income. The formula used to calculate your ability to contribute
Funeral bonds Funeral bonds are investments of up to $13,000 per person (as at 1 July 2017) that are exempt from Centrelink’s asset and income
Home care Many people who need care are not aware that a variety of services are available for those who prefer to stay at home.
Strategy Overview There is a two year general exemption that applies to your former home after entering aged care whereby the home is exempt from