Aged Care and Centrelink
Centrelink
The Aged Pension and other Government entitlements are a valuable way to top up your income in retirement. However the rules surrounding Centrelink are complicated and at times very confusing. At Cardinal Financial Services we aim to remove the complexity surrounding Centrelink and provide advice to our clients to ensure they maximise their entitlements.
We work with our clients to:
• Ensure the right structures are in place to maximise Centrelink entitlements
• Assist our clients with Centrelink administration
• Regularly review retirement structure to keep up with changes in legislation
Aged Care
Aged care is an emotional and daunting component of financial planning. In fact many people do not experience the extent of this until it is too late and are trying to do the best for their loved ones in the event of an unexpected health issues and need alternative accommodation.
Getting the right advice when transitioning into Aged Care facilities is important as it can have negative implications on Centrelink entitlements and assets at death.
At Cardinal Financial Services we can assist with the provision of an Aged Care strategy to ensure our clients and their families are protected from undue financial pressures and importantly can maintain control of their own care needs.