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AGED CARE

Did you know that with the recent reforms to aged care, you may be up for $350,000 to enter an aged care facility, if and when the time comes?

Understandably, most people don’t like to consider the possibility that they will need to move into aged care. As unpleasant as it might be it is really important that the planning is done well in advance.

Good communication with your family is the place to start. Often our discussions are had with the children of elderly parents who need an understanding of how it all works.

It can be a really difficult time for families and our advice is to start the conversation as early as possible. The longer we have to plan, the easier it can be when the time comes.

The process can become quite overwhelming as there are so many things to consider. What level of care is needed, available funds, maximising Centrelink entitlements, what to do with the family home, farm and more?

Like any stage in life, cash flow is important in determining the affordability of extra services on top of the care arrangements.

AGED CARE

Did you know that with the recent reforms to aged care, you may be up for $350,000 to enter an aged care facility, if and when the time comes?

Understandably, most people don’t like to consider the possibility that they will need to move into aged care. As unpleasant as it might be it is really important that the planning is done well in advance.

Good communication with your family is the place to start. Often our discussions are had with the children of elderly parents who need an understanding of how it all works.

It can be a really difficult time for families and our advice is to start the conversation as early as possible. The longer we have to plan, the easier it can be when the time comes.

The process can become quite overwhelming as there are so many things to consider. What level of care is needed, available funds, maximising Centrelink entitlements, what to do with the family home, farm and more?

Like any stage in life, cash flow is important in determining the affordability of extra services on top of the care arrangements.

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WHY CHOOSE US

You can trust Fennell West to work in partnership with you to achieve your financial goals.

EXPERTISE

Our experience, knowledge and passion ensures clients get the most up-to-date and accurate advice to help guide them on life’s biggest decisions.

TRUST

Trust, discretion and understanding are at the heart of everything we do at Fennell West as we work in partnership with our valued clients.

RESULTS

Fennell West has a proven record of delivering life-changing results to people wanting to take control of their financial future and reap the benefits.

WHY CHOOSE US

You can trust Fennell West to work in partnership with you to achieve your financial goals.

EXPERTISE

Our experience, knowledge and passion ensures clients get the most up-to-date and accurate advice to help guide them on life’s biggest decisions.

TRUST

Trust, discretion and understanding are at the heart of everything we do at Fennell West as we work in partnership with our valued clients.

RESULTS

Fennell West has a proven record of delivering life-changing results to people wanting to take control of their financial future and reap the benefits.

OTHER FINANCIAL SERVICES

We work with lots of clients who know they want to take steps towards wealth creation but don’t know where to start.

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It is imperative that people planning their retirement do some work to establish their cost of living and what other goals they have for retirement.

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Family and asset protection is a complex area that requires attention and planning as part of your overall financial strategy. Don’t leave it too late.

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Fennell West can guide you with your superannuation investments, ensuring adequate retirement planning. Contact us today on 5777 3355.

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When we talk about debt, we predominately talk about setting up efficient ways to manage your mortgage. We help people weigh up the best way to borrow.

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There’s more to estate planning than wills and superannuation beneficiaries. It’s about your financial legacy and what you want to achieve.

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At Fennell West, we hate putting people on a ‘budget’ – we prefer to talk to our clients about their cash flow and where their money has gone.

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