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NSW Going into Aged Care - What Happens to Grandmother's Estate?

Discussion in 'Property Law Forum' started by Emerson33, 30 September 2016.

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  1. Emerson33

    Emerson33 Active Member

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    I'm not sure if this is the right place to post this but my grandmother has been told she cannot stay at her property anymore due to her condition and the condition of her home. I haven't been able to find any clear answers online about what becomes of her estate and assets (home and savings) when she does go to an aged care facility / nursing home .
     
  2. Rod

    Rod Well-Known Member

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  3. Tim W

    Tim W Lawyer
    LawTap Verified Lawyer

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    1. Told by whom?
    2. Nothing happens to her assets or her "stuff". It's still hers until she dies.
    3. Financial arrangements with nursing homes can be complex, or not.
    4. She would be well advised to make a proper will immediately,
      and to appoint a Power of Attorney and an Enduring Guardian as soon as she can.
      They don't have to be the same person.
     
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