Finance Hour On J-air

Have you ever helped a love one move into an aged care facility? In the end, we are all going to face this situation and you will need to deal with the complex emotional and financial issues associated with this difficult transition. In this week’s episode I'm joined by by Sara Bell and Noel Carter of Next Direction, a firm that assist families in choosing aged care facilities and make informed decisions about the management of finances. They not only provide valuable advice, but are involved in making it all happen, whether it is financial negotiations with the aged care facilities, completing Centrelink forms or modelling cashflow requirements.  “It is important to have powers of attorney in place before you need them, to avoid the difficulty of going to VCAT.” – Sara Bell We encourage people to be prepared, take advice in advance, well before they need to go into the aged care facility” – Noel Carter “The importance of talking to your family about what you want for yourself. So when the time comes, the