Forman Financial Services

Aged Care

Aged Care Strategy – Accommodation Payment – Pay accommodation payment as a Refundable Accommodation Deposit (RAD)
Aged Care Strategy – Investment – Purchase long term annuity
Aged Care Strategy – Investment – Insurance bond in a trust
Aged Care Strategy – Estate Planning – Purchasing a pre-paid funeral or burial plot
Aged Care Strategy – Estate Planning – Purchasing a funeral bond
Aged Care Strategy – Gifting within allowable limits
Aged Care Strategy – Former Home – Retain former home for two years, then sell
Aged Care Strategy – Former Home – Retain former home and leave vacant
Aged Care Strategy – Former Home – Retain and rent former home
Aged Care Strategy – Superannuation – Switch grandfathering off by commuting and rolling over grandfathered account based pensions to apply deeming