The family home is often a prevalent discussion piece when entering a residential aged care facility.
It is important to take the time to discuss your options regarding your family home. For example, whether to keep or sell your family home and the implications of each decision when it comes to aged care fees and the Age Pension.
These can be complex decisions so consider booking a meeting with your financial adviser to go through your options, the implications of any decision you do make as well as your eligibility for social security income support payments, such as the Age Pension.