Just getting a basic understanding of what forms you need to complete, what information needs to go in them, when to complete them and where to send them, can be a difficult path to navigate.
Financials can get complicated when a move to care impacts on the pension paid by Centrelink. Plus you may have to consider other issues such as how to pay for any accommodation payment and whether to sell the family home or rent it out.
All this is at a time when your main concern is finding a suitable place for your loved one to receive the care they need.
A financial advisor can help you focus on the information and issues that are important to you and your specific financial situation. However, financing aged care can be a very complex issue, and different financial situations will require different strategies.
Before you engage the services of a financial advisor, here are some important questions you should ask: