Estate Planning & Legal Issues
Start planning now - before it's too hard or too late
Many people avoid addressing estate planning because they don’t really understand it or simply avoid uncomfortable conversations about death or loss of mental capacity. However, it’s important to have estate planning documents in place sooner rather than later, before someone loses mental capacity and before they pass away. Everyone should have a Will in place, which take effect on death. Powers of Attorney and Medical Directives should also be in place as they may be required in certain circumstances, particularly as people start to age and potentially lose mental capacity.
So get to it, understand your loved one’s wishes and have them documented appropriately for peace of mind. If your loved one has already lost mental capacity without estate planning in place there are other complex paths that need to be taken and you will likely need legal advice.
Seek professional advice
Some people opt to use DIY kits for simple scenarios. However, most people tend to work with lawyers for professional estate planning advice and documents prepared by a lawyer for signing and witnessing. Remember that estate planning solicitors tend to charge on an hourly basis, so preparation is key for a structured, time efficient and cost efficient meeting and that’s where AgedCareIQ comes in with our Information and Checklist packages.
Particularly when all are fit and well, ensuring all legal documents are up to date creates peace of mind, so the suggestions AgedCareIQ made to update estate planning documents was priceless.
Select the issues you need to know about then purchase the Packages...
Working with lawyers
Wills
Powers of Attorney
Medical Directives
Probate
AgedCareIQ Service Offerings
We provide Self Service or Silver Service offerings to meet your time and budget requirements. The Self Service offering allows you or your loved one to work through the aged care maze complexities in your own time and at your own pace. Our Silver Service Offering works on a one-on-one basis with an outsourced professional with results presented in a detailed document for direction and implementation.
Self Service Offering
- 6 areas requiring consideration
- 25+ issues to be addressed
- Each with downloadable information sheets and checklists
- Ideal to take to other family members and/or professionals for discussion
- Priced per issue required
- Purchase on an ‘as needs’ basis
Silver Service Offering
- One-on-one offering and communication
- Individual engagement agreement
- Concierge style service to implement needs, resources and requirements
- Personalised implementation meeting(s)
- Communication with your professional referrer if required
- Priced on application per client, subject to requirements
How we help...
The AgedCareIQ products provide succinct, easy to understand information and user friendly checklists, set out in a logical format to save you time, money, stress and heartache.
Each set provides:
- An overview of potential and relevant issue to address and be aware of
- Key points to consider - giving you a practical perspective
- Red flags and issues to be aware of - so you're informed from the start
- Detailed interactive checklist, including a list of documents you may need to locate or prepare - for peace of mind
- Useful website links - for further information
- Downloadable for your convenience
Frequently Asked Questions
AgedCareIQ is part of AccountantsIQ Pty. AgedCareIQ was established for busy people who require aged care information and support. With practical information in one location in easy to understand language.
A great resource for accountants, financial professionals and the general public with self service and silver service concierge services available, providing a solution for different budget and time constraints.
The cost of AgedCareIQ products vary, depending on which option you take up.
Self Service Information + Checklist packages start from as little as $125 each.
Silver Service concierge service starts from $5,000.
Yes. Each of our Self Service packages are separate products including Information and accompanying dynamic Checklist for you to complete.
AgedCareIQ bundles are a popular single product available for purchase with multiple Information + Checklist packages most people require at different aged care stages. Conveniently curated to provide a simple starting point, saving you the time and hassle of having to decide which products you need to start with.
AccountantsIQ has a range of CPD courses ranging from the Cram4Exam ASIC Financial Adviser Exam preparation courses, to Tax Training and Aged Care training for accountants and other financial professionals. Bespoke courses also provided on request.
Yes. We there is an AgedCareIQ brochure, which can be viewed or downloaded from here