Leading software that does the hard work for you.
Develop an advice document in under
two hours.
Don’t waste time building your own spreadsheets and text templates. Aged Care Steps has done the work for you.
The leading aged care software since 2012.
With simple data input and templated SOA wording, the Advice Generator™ is fast and flexible. You can model up to five strategies and produce an advice document, with confidence in the accuracy of outcomes.
The Aged Care Steps Advice Generator™ is simple to learn and use, and there’s extensive help support within the system. It helps you save time and enables delivery of quality advice to your clients and their families.
Key features include:
Watch an overview of the Advice Generator™.
Unique two-stage to replicate the impact of time needed to sell or rent home
Calculate full cashflow, expenses (including fees), Centrelink/DVA, tax and end of year asset position
Select 5 or 10 year forward projections – with cash flow and asset value graphs
Ability to include all costs for strategy options, including capital gains tax
Quick to use with single data entry for modelling, that populates through to advice document template
Schedules showing tax, Centrelink and DAP from RAD impact
Additional quick stand-alone or comparison calculators
What can you model using the Advice Generator™?
Former home strategies:
Rent or sell former home (at start or at future time) or leave vacant
Downsize options for spouse (cheaper home or retirement village)
Impact of 2-year rule for Centrelink/DVA
Impact if protected person staying in home
Investment of surplus sale proceeds
Client situations:
Single person or couples
New or existing home care or residential care clients
Low-means clients
Self-funded or Centrelink / DVA recipients or non-resident clients
RAD / DAP strategies:
Compare different RADs and/or additional service fees
Select which investments to liquidate to pay fees including super, investment properties, trusts/companies, ABPs (deeming & deductible rules)
Strategies to deduct DAP/DAC from RAD/RAC (as well as additional service fees) starting now or at a future time)
Using home equity loans or borrowing from family members