SPEAK WITH A SYDNEY ESTATE PLANNING LAWYER

How Can Our Estate Planning Lawyers in Sydney Help?

At Kells, we care about your future. We can assist you with planning your retirement and/or moving into a retirement village.

As Australians continue to live longer, the demand for residential care services is growing. Longer life expectancy often brings greater challenges, including health concerns, increased care needs, and financial pressures. For many families, the decision to move into residential aged care is not just about finding the right facility but also about managing costs, contracts, and long-term care arrangements.

Moving into a residential aged care facility or retirement village is a major decision for individuals and their families. Like any important decision, there are various matters that need to be considered before choosing the right option for you.

Factors that you should be aware of include:

• The entry fee
• Ongoing administration fees
• The grounds on which you can terminate the agreement or change facilities if needed
• Your financial resources and your capacity to maintain payment of fees
• Whether your proposed aged care provider requires you to hold enduring power of attorney or appointment of enduring guardian documents prior to entry
• How you are acquiring the property (leasehold, freehold, strata etc).
• Unlike other property purchases, there are factors unique to aged care that mean that your estate planning may not be as simple as it previously was, particularly if family or friends have helped pay for your move with the intention that your estate will repay them.
• Selling such properties can also be different to the usual method that houses or apartments are subject to.

Our experienced team can review your aged care or retirement village contract, identify any unfair terms, and request necessary amendments on your behalf. We will also oversee the financial settlement and ensure the smooth transfer of your accommodation or care arrangements.