The Residential Care Subsidies Handbook is a comprehensive guide designed for legal and financial practitioners navigating the complexities of New Zealand’s residential care subsidy system. It offers practical insights into both immediate subsidy eligibility and broader asset and estate planning strategies.

Why you’ll love this

• Tackles real-world challenges with clarity and precision
• Offers practical tools and examples to apply in professional settings
• Helps demystify legal and financial nuances around aged care subsidies
• Equips you to better support clients through emotionally and financially sensitive transitions

Key Features:

• Clear explanations of income and asset thresholds
• Analysis of “notional income” post-Broadbent Court of Appeal decision
• Guidance on gifting, deprivation, and debt treatment in means testing
• Coverage of premium room charges and extra services
• Insights into relationship property agreements and joint applications
• Detailed discussion on life interests and trust reversals
• Step-by-step breakdown of the application and appeal processes
• Commentary, case studies, sample documents, and legislative appendices

Who should read this

• Lawyers and legal advisors working in elder law or estate planning
• Financial planners and accountants advising older clients or families
• Anyone seeking a deeper understanding of New Zealand’s residential care subsidy framework