Residential care subsidies handbook / by Vicki Ammundsen
By: Ammundsen, Vicki.Publisher: Auckland, N.Z. : CCH New Zealand, 2015Description: vii, 153 p. ; 23 cm.ISBN: 9781775471646.Subject(s): New Zealand | Old age pensions | Trusts | Assets test | Retirement | Gifts | Social Security Act 1964 -- New Zealand | Social Security (Long Term Residential Care) Regulations 2005 -- New ZealandOnline resources: Download as an eBook
|Item type||Home library||Call number||URL||Status||Notes||Date due||Item reserves|
|EBook||International||CCH eBook (Browse shelf)||Link to resource||eBook||Available as an ebook here|
|Book||New Zealand||211.5 RES (Browse shelf)||Available|
Introduction to residential care subsidies. QUESTIONS AND ANSWERS: Application for residential care subsidy -- Cost of care -- Financial means assessment -- Gifting and deprivation -- Spouses and partners -- Life interests -- Trust reversals -- Residential care loans -- Rights of appeal and reassessment -- Miscellaneous. CASE STUDIES: Undertaking a trust reversal -- Negative trust equity -- Will my mother qualify for a subsidy? -- Succession planning issues to consider before going into care -- Resolving issues regarding recalcitrant trustees -- Disposal of the family home by trustees -- Advising the MSD of an inheritance -- The Bridgford case.
Guides practitioners through residential care subsidies issues, including thresholds for means-testing, deprivation and gifting, and trust reversals. Includes ten question and answer chapters and case studies.