- Starting your financial planning early will help you to secure access to financial support.
- Consider seeking professional financial advice. As a first step, call the Money Smart hotline on 1800 007 007.
- Consider appointing a financial power of attorney, someone who can make decisions when you are unable to participate in the decision making.
- Depending on your circumstances, you may be eligible for an early release of your superannuation. Check with your superannuation fund.
- Contact your insurance company to find out if your policy allows you to get a lump sum when you can show a diagnosis of terminal illness.
- The Australian and Victorian Governments offer carer support services to people who provide care to someone with a terminal illness. You may be eligible for payments, discounts or subsidies to purchase necessary aids, equipment or services.
Financial considerations for end of life
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