Following the Government’s decision to launch a Royal Commission into Aged Care Quality and Safety in October 2018, it is more important than ever to ensure your assets are protected as you consider your options now and into the future.
There are a number of proactive steps you can take to safeguard your assets when stepping into retirement. From making sure everything is in writing to researching what your choices are, many people don’t realise the extent of how much you can prepare yourself for the future.
It is paramount that legal advice should be sought before entering into any care agreement with your family. This isn’t because family cannot be trusted but, rather, it is to ensure that you have done everything you can to protect your interests at a time when you will be vulnerable, or you may have lost capacity yourself.
Our Wills & Estates team has created this free guide to help you understand what is needed for you to safeguard your assets as you enter retirement. The guide hits on four main points:
- Seek legal and financial advice
- Lock down family care agreements
- Review your Power of Attorney
- Maintain control of your finances
Everyone’s personal situation and financial position is different so, if you’d like to learn more about where you stand, please contact our team today and set yourself up for a future without a worry.
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