- CPD Points: 1 [PS] [SL]
- Price: $89.00
- Area: Elder and Succession Law; Estate Planning; Succession Planning
- Delivered: September 2025
Digital Content
- Recording
- PDF of slides and materials
To purchase login below
Description
This session is delivered by Rodney and Michael Horin, Clarity Aged Care Advisors (Vic), into the 2025 Estate and Succession Law Conference.
Session Outline
- Background: Why the new Aged Care Act 2025 is being introduced – financial sustainability and growing demand for aged care beds.
- Major changes to fees and charges – RAD retention, new Means Tested Non-Clinical Care Contribution (NCCC), CPI-linked fees, and changes to extra services.
- Who will be most impacted – pensioners vs self-funded retirees, and grandfathering rules for those entering care before 1 November 2025.
Key Takeaways
- Entering Residential Aged Care is becoming more expensive and more complicated after November 1.
- There are significant changes to both the entry costs and ongoing monthly costs of care – especially the means tested components.
- Self-funded retirees and many part pensioners will pay noticeably more, while low-means residents are largely unaffected.
- Seeking specialist aged care advice is critical to navigate the new rules and assess timing, costs, and strategy.
- CPD Points: 1 [PS] [SL]
- Price: $89.00
- Area: Elder and Succession Law; Estate Planning; Succession Planning
- Delivered: September 2025
Digital Content
- Recording
- PDF of slides and materials
To purchase login below
Description
This session is delivered by Rodney and Michael Horin, Clarity Aged Care Advisors (Vic), into the 2025 Estate and Succession Law Conference.
Session Outline
- Background: Why the new Aged Care Act 2025 is being introduced – financial sustainability and growing demand for aged care beds.
- Major changes to fees and charges – RAD retention, new Means Tested Non-Clinical Care Contribution (NCCC), CPI-linked fees, and changes to extra services.
- Who will be most impacted – pensioners vs self-funded retirees, and grandfathering rules for those entering care before 1 November 2025.
Key Takeaways
- Entering Residential Aged Care is becoming more expensive and more complicated after November 1.
- There are significant changes to both the entry costs and ongoing monthly costs of care – especially the means tested components.
- Self-funded retirees and many part pensioners will pay noticeably more, while low-means residents are largely unaffected.
- Seeking specialist aged care advice is critical to navigate the new rules and assess timing, costs, and strategy.
Rodney Horin, Managing Director, Clarity Aged Care Advisors
About the Presenter:
Mr Rodney Horin is a solicitor by training, however in 2000 he began a new career as a stockbroker and financial adviser. In 2006, together with his business partners, Rodney established an investment management firm in Melbourne. After being overwhelmed and confused by the process of moving his mother into aged care and recognising the significant pitfalls many clients face, he began providing aged care advice to guide clients through the process.
Michael Horin, Principal, Clarity Aged Care Advisors
About the Presenter:
Mr Michael Horin began his career in finance, analytics and strategy, and then joined his father Rodney to grow Clarity in order to assist more families with the transition of their loved one into aged care. Michael’s personal experience navigating the complexities of aged care has shaped his empathetic approach as he ensures all families feel supported through a challenging, stressful and emotional process.
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About the Presenter:
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About the Presenter: