Making sense of financial management
A partnership between two Victorian not for profit organisations is set to improve access to crucial information for hundreds of older Victorians.
The arrangement will see aged care provider Benetas work with State Trustees to educate clients, their families and staff about the importance of planning for aged care and finance management such as creating wills, nominating a Power of Attorney and estate planning.
Benetas chief executive, Sandra Hills, said the partnership would help empower older Victorians by making important information more accessible.
“These topics can often be confronting and overwhelming to our clients and their families, particularly if someone comes into aged care in crisis. By working with State Trustees we will be able to support our clients and their families to better understand and access the information they need to make informed decisions.
“Benetas is thrilled to partner with State Trustees, and we are looking forward to working together to help advocate for and improve the lives of older Victorians and their families.”
State Trustees chief executive, Craig Dent, said the partnership with Benetas was reflective of the organisation’s commitment to supporting Victorians as they get older.
“State Trustees is looking forward to partnering with Benetas to assist residents, their families, their support networks, carers and staff with tips, information and practical advice to help people with their changing financial and legal needs as they age.
“Benetas is also an important partner to help us support regional Victorians and to help us strengthen our links through Footscray and beyond as we prepare to relocate our corporate headquarters in a few months.”
To officially mark the partnership Mr Dent and Ms Hills will sign a Memorandum of Understanding (MOU) between the two organisations at a special event at Benetas St George’s, a residential aged care facility in Altona Meadows, today.