Protecting Assets From Nursing Home Costs

You may have heard that there are ways to protect an aged care resident’s assets from nursing home costs.

A resident’s nursing home costs are based on some fixed costs and means tested costs. In some cases, assets can be structured in a manner that will ensure favourable assessment of the means tested costs.

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Typical Daily Costs of Nursing Home Care

The typical costs of Nursing Home Care (Aged Care) are broken down in to daily costs. There are a number of daily costs that on needs to consider when entering Aged Care. Different daily costs will apply to different residents. The following factors will influence the types and levels of daily fees that are payable:

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