Trust Series 2026 – Residential Care Subsidies – Package

Purchase this 2-part webinar series as a package and save 10%.

Valued at $430 + GST, you get both webinars for just $387 + GST.

Trust Series 2026 – Residential Care Subsidies – Part 1

Wed 20 May, 2.30 - 4.00pm

Start with the essentials—Part 1 of this practical webinar series breaks down the basics of Residential Care Subsidy applications, giving you the clarity and confidence to advise clients effectively

Residential Care Subsidy (RCS) applications have three components:

• a needs assessment
• a means assessment, and
• an income assessment.

However, there are many hurdles for applicants and their families to consider. This was recently highlighted by RNZ with the headline “Confusion as families hit with extra rest home surcharges despite subsidies.”

This practical webinar series will provide a clear overview of the relevant rules, thresholds, and processes supported by explanatory case studies. It is relevant to all practitioners who advise clients regarding RCS applications or expectations and will be presented in two parts.

Part 1 will cover:

• premium rooms and additional services
• relevant thresholds for means testing
• exempt assets
• gifting thresholds and excess gifting
• deprivation
• how far back MSD can look
• income assessment
• exempt income
• considerations regarding mutual wills arrangements and life interests
• options to address a decline

Part 2 will cover:

• the application process
• practical considerations and common challenges when completing the application,
• changes in circumstances
• what happens once the subsidy is granted
• the impact and involvement of trusts in a RCS context, and
• what trustees can expect regarding long-term care costs.

LEARNING OUTCOMES

This webinar will enable practitioners to competently advise clients regarding long term asset and estate planning, further their understanding of common pitfalls to avoid, and build an awareness of how to avoid costly structures that prove ineffectual for Residential Care Subsidy purposes.

SUITED TO

All practitioners involved in long term asset and estate planning and advisors with elderly clients.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law

Vicki is a director at Vicki Ammundsen Trust Law. Vicki's approach to trust law is practical but also grounded in a good understanding of trust law principles, related legislation, and case law. As the author of a number of texts including Taxation of Trusts, the Trustee's Handbook and Trustee Liability, Vicki is well placed to provide advice on all areas of trust law.

Trust Series 2026 – Residential Care Subsidies – Part 2

Wed 3 June, 10.30am to 12pm

Part 2 is all about putting theory into practice— gain clear, practical guidance on navigating the Residential Care Subsidy application process

Residential Care Subsidy (RCS) applications have three components:

• a needs assessment
• a means assessment, and
• an income assessment.

The income assessment determines how much the applicant must pay towards the cost of long-term residential care. However, there are many hurdles for applicants and their families to consider. This practical webinar series provides a clear overview of the relevant rules, thresholds, and processes supported by explanatory case studies. It is relevant to all practitioners who advise clients regarding RCS applications or expectations and will be presented in two parts.

In Part 2, we build on the foundation set out in Part 1, which explored the relevant thresholds and asset considerations, to consider the practical elements of an application for an RCS.

Matters covered in this webinar include:

• what the application process involves
• issues for blended families
• practical considerations and common challenges when completing the application
• responding to MSD’s requirement to ask trustees for assistance (including a precedent letter and trustee resolutions)
• communicating complex structures to the MSD
• what happens once the subsidy is granted
• changes in circumstances
• what trustees can expect regarding their ongoing involvement and long-term care costs, and
• how to advise clients who are wanting guidance on whether to retain or wind up a trust.

LEARNING OUTCOMES

This webinar will enable attendees to understand the application process in detail, how to provide the information requested, and how to communicate changes in circumstances.

SUITED TO

All practitioners involved in long term asset and estate planning and advisers with elderly clients.

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VICKI AMMUNDSEN TRUST LAW

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law

Vicki is a director at Vicki Ammundsen Trust Law. Vicki's approach to trust law is practical but also grounded in a good understanding of trust law principles, related legislation, and case law. As the author of a number of texts including Taxation of Trusts, the Trustee's Handbook and Trustee Liability, Vicki is well placed to provide advice on all areas of trust law.

Please note you can purchase these webinars individually.

Click here to view Webinar 1

Click here to view Webinar 2