Residential aged care: Family home

Written and accurate as at: 15 April 2021

When it comes to entering a residential aged care facility, your family home can be a key discussion point.

For example, whether to keep or sell your family home, and the potential impact of each of these decisions with regards to your Age Pension entitlements, aged care fees, and your wealth.

With this in mind, our animation illustrates a brief, but informative overview of the various options, and the potential impact of each on you. Notably, the options can include:

Moving forward, whether to keep or sell your family home can be complex. We can help you with assessing the most appropriate option for you based on your financial situation, goals and objectives.