Aged Care Financial Planning
Paris Financial Services
Experts in Aged Care Financial Planning. Navigate the Challenges with Confidence.
Navigating the Ins and Outs of Financial Planning for Aged Care
At Paris Financial Services, we recognise that transitioning a family member into aged care can be an emotional process. With over ten years of experience in planning for seniors, our team of advisors are here to support you through this intricate journey ensuring the best financial outcomes for your loved ones.
The Importance of Financial Planning for Aged Care
The aged care system in Australia is complex with a range of fees, rules and financial consequences to consider. Making informed choices about care finances can significantly impact both the level of care provided to your loved one and your family’s financial stability.
Our experts in planning for seniors can assist you with;
- Managing aged care fees
- Maximising government benefits and pension entitlements
- Making decisions regarding property assets
- Creating strategies to reduce expenses and protect wealth
- Facilitating a transition into care
The Paris Financial Services Edge in Aged Care Planning
By choosing Paris Financial Services, you’re not just engaging a financial advisor; you’re collaborating with a team of Aged care specialists committed to your family’s welfare. Our unique approach, to planning for aged care distinguishes us from others.
Personalised Strategies for Your Individual Needs
Every family’s situation is different. Our financial planners for aged care take the time to grasp your requirements, worries and financial standing. We then devise tailored strategies that are in line with your objectives and principles.
The Paris Financial Services Edge in Aged Care Planning
The field of aged care is influenced by regulatory changes. Our team keeps abreast of the updates to ensure that your financial plan remains compliant and efficient. We handle all the paperwork communicate with aged care facilities if warranted.
Optimising Your needs
We help our clients understand upfront and ongoing needs and enhance cashflow to support ongoing aged care cost. This is accomplished by;
- Structuring financial assets to enhance Social Security entitlements.
- Advice in funding accommodation cost that is suitable to your circumstance
- Implementing tax strategies
- Organising assets and income flows effectively
The Process of Planning for Aged Care
When you opt for the services of Paris Financial to address your care financial planning requirements you can anticipate a supportive process;
1. Initial Meeting
We kick off with an in-depth conversation regarding your family’s circumstances, concerns and objectives. This helps us gain an understanding and pinpoint areas where we can offer assistance. We partner with independent age care consultants should you need help with finding a facility that suits your needs (additional cost will apply).
2. Financial Evaluation
Our team of aged care planners carries out a meticulous examination of your assets, revenue and potential aged care expenses. We explore scenarios to determine the beneficial financial strategy tailored to your situation.
3. Strategy Formulation
Drawing from our evaluation we craft an aged care financial plan. This plan outlines tactics for handling aged care charges, maximising government entitlements, and safeguarding your assets.
4. Support in Implementation
We go beyond offering guidance – we aid you in executing the agreed upon strategies. This includes assisting with paperwork, liaising with aged care establishments, and collaborating with professionals like lawyers or accountants if necessary.
5. Continuous Assessment and Adaptation
The journey, through aged care often involves changes and obstacles. We provide assistance and regular evaluations to ensure that your financial plan remains optimal amidst changing circumstances.
This might include;
- Organising investments to generate regular income
- Assessing the effects of payment choices
- Understanding implications should you wish to move facilities
- Changes to Aged Care or Centrelink laws
Safeguarding Family Wealth
We recognise the significance of safeguarding your family’s earned assets. Our strategies for planning in aged care aim to strike a balance between the necessity, for quality care and the ambition to safeguard and expand your wealth for future generations.
Considerations for Estate Planning
Financial planning for aged care frequently intersects with estate planning. Our advisors collaborate with estate planning experts to ensure that your aged care financial strategies align with your estate planning objectives.
Why Select Paris Financial Services for Aged Care Financial Planning?
With over ten years of expertise in aged care financial planning Paris Financial Services provides;
1. Expertise; Highly experienced aged care financial advisors.
2. Personalised Service; We take the time to grasp your circumstances and offer tailored guidance.
3. Comprehensive Assistance; We accompany you every step of the way throughout the process.
4. Demonstrated Results; Our approaches have assisted many families in navigating the aged care journey.
5. Peace of Mind; We manage the complexities so that you can concentrate on supporting your loved ones.
Initiate Your Aged Care Financial Planning Journey with Confidence
Don’t allow the intricacies of aged care finances to bog you down. Reach out to Paris Financial Services today to connect with our planners specialising in aged care.
Allow us to assist you in making informed choices that guarantee the best care for your family members all while safeguarding your financial stability. Give us a call on (03) 8393 1000 to schedule a meeting and embark on a journey towards stress free planning for aged care.
