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This guide explains the importance of the first aged care means test for an age pensioner entering residential care and the impact it has on their upfront and ongoing aged care costs.
This guide covers a range of topics that you should consider when discussing aged care plans with your clients, including eligibility for government subsidised aged care, home care packages, the aged care means test and more.
There are special rules for granny flat arrangements that may prevent the deprivation rules from applying. However they must satisfy a range of requirements.