This On Demand was recorded on 26 March 2026.
Historically one of the reasons people settled assets into a trust was to protect those assets in the event the person went into a rest home later in life. Join this practical On Demand on ensuring trusts remain fit for purpose and helping clients avoid unintentionally jeopardising their eligibility for support.
Entry into rest home care is not easy process for clients and their families, and they are often anxious about how they will pay for it. They need sound advice when determining whether an existing trust can help or hinder in making a successful application for a residential care subsidy. However, eligibility is often influenced by actions the parties make in the years prior, so eligibility should be considered at various points over a Trust’s life cycle.
Join Jeff Stringer, Senior Associate at Cooney Lees Morgan navigating trusts and residential care subsidies, including key issues that lawyers should consider when advising clients about winding up trusts, gifting, and applying for subsidies.
