Trust Series 2017 - Residential care subsidies (On Demand)


The Social Security Act provides that “… where appropriate [applicants] should use the resources available to them before seeking financial assistance under this Act; …” This webinar provides a comprehensive overview of the criteria for a residential care subsidy and the impact a family trust has on the means and income assessment. The webinar will also consider how advisers might proactively address client expectations

This webinar, which will conclude with a question and answer section, will consider how means assessments are carried out, the impact of gifting, what comprises deprivation; and when trust income will be taken into consideration (imputed income).

Topics covered will include:

 Legal framework -  Application process -  Means assessment -  Life interests -  Income assessment -  Gifting -  Deprivation -  Trust reversals -  Allowable debts - Changed circumstances -  Clever plans – and when they aren’t -  Managing client expectations


Many settlors of family trusts have settled a trust with the expectation of qualifying for a residential care subsidy (RCS) in the future. For increasing numbers of settlors this expectation is not being realised. This webinar will educate attendees on current MSD policy, the impact of a family trust on assessment criteria and options for how to address these issues with clients


Attendees will learn:

  •  How to advise clients who have expectations of a RCS
  •  The impact gifting and family debts have on RCS applications
  •  How to assess a client’s RCS entitlement and how to put a plan in place to address the outcome of the assessment
  •  Obligations after receipt of a RCS


12 April 2017


This course is targeted at all lawyers and accountants with an aging client base or clients concerned to establish the criteria for a long-term residential care subsidy.


Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited






1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $180.00 excl. GST

Coming Soon

All Coming Soon >>


Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑ to confirm eligibility.