This On Demand was originally recorded on 25/05/2023.

Demystify the complexities of residential care subsidies (RCS) with Vicki Ammundsen's comprehensive guide unravels the legislative framework, misconceptions, and practical considerations surrounding RCS, providing an in-depth understanding of long-term residential care (LTR Care) costs and entitlements. From asset and income assessments to exempt assets and gifting rules, Ammundsen's analysis offers a clear roadmap for advisers navigating the RCS Act and Regulations. She also explores real-world scenarios, including occupation right agreements and trust considerations, providing valuable insights for legal professionals, trust administrators, and anyone involved in estate planning. 

Learning Outcomes

In respect of residential care subsidies,  receive up-to-date advice as to how MSD is applying Broadbent and on what steps to take to assist clients to make a successful application.

Presenter Details

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law