Many older people choose to move in with family members so they can get the care they need as they age. Often this involves selling a home or other assets and giving the money to a family member who has agreed to provide ongoing care.
Usually these arrangements work well for everyone involved, but at Seniors Rights Victoria we see many that have gone wrong. Often it is the older people who suffer the consequences and often these could have been avoided.
This is why we have produced a guide for people considering moving in with family as they get older. Care for Your Assets: Money, Ageing & Family will help older people plan and secure their future interests. It covers topics such as making a family agreement, Centrelink and taxation implications and where to go for more information and advice.
Or contact us for your free copy of this booklet or brochures.
Funded through the Legal Services Board Grants Program
See also our Lawyers Guide: Assets for Care: A Guide for Lawyers to Assist Older People at Risk of Financial Abuse.