How is the Home Treated Under the Means Testing - Aged Care FAQ скачать в хорошем качестве

How is the Home Treated Under the Means Testing - Aged Care FAQ

In this video, Jodie Cowburn explains how a former home is assessed when determining eligibility for aged care services. She outlines the factors considered by authorities when evaluating a person’s property and assets, including the value of the home and its impact on financial assessments for aged care. The video provides insights into the process of asset testing, detailing how the value of a former home can influence fees and eligibility for government-subsidised care. Jodie also discusses the options available for individuals, such as selling the home or retaining it, and the financial implications of each choice. The video aims to clarify the assessment process, ensuring that individuals and their families understand how housing and property are considered in the context of aged care. Visit the Morgans website: www.morgans.com.au Check out our latest articles: https://morgans.com.au/insights On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans.Australia On Twitter: twitter.com/MorgansAU