Aged Care SOA Drafting.
$400. 2–3 Business Days.
Calculation-accurate. Legislation-grounded.
Delivered to your inbox — not your calendar.
Aged Care advice is time-intensive.
Most of that time is not
spent on the client.
The means test alone — MPIR, RAD/DAP waterfall, Primary Residence Exemption, Centrelink deeming — requires precise sequential calculation before a single word of strategy can be written. One figure wrong cascades through everything downstream.
For most boutique practices, that calculation burden falls on whoever is least busy, or most capable, or both. The result is a queue. The queue becomes a reason to refer out Aged Care cases entirely — and with them, the advice margin.
There is another option.
Keep the case.
Keep the margin.
A referred Aged Care case typically carries an advice margin of $3,000–$5,000. At $400 per file, you keep that margin — and you remove the 15-hour calculation burden that made referring it out feel rational.
There is no platform to learn. No CRM integration. No Xplan login requested. You send me a completed fact-find and qualitative context. I run the calculation. You receive a structured, legislation-grounded SOA draft within 2–3 business days of receipt of a complete brief.
"The math does not guess. Every figure traces back to a named government rate, checked against current legislation. When thresholds change — and in 2025 and 2026, they changed significantly — the output reflects it."
Export your Xplan fact-find as a PDF, or complete the brief in whatever format your practice already uses. No custom template is required. Remove the client's TFN before sending — that is the only field that should not travel by email. Names and dates of birth can remain on the document.
On receipt, I remove the client name from the working file before the calculation runs. The name is used only when I write the narrative. Nothing is retained after the draft is delivered — no copy of the fact-find, no output, no client record of any kind.
Send files to mickey@velaadvice.com. No portal. No login. No onboarding call.
If Your Brief Includes a CarePlus Recommendation
Challenger CarePlus requires a quote from the Challenger Aged Care Calculator before Centrelink modelling can run. The calculator splits your client's total investment into the Annuity purchase price and the Insurance premium — figures that are unique to each client's age, sex, state, and any adviser fee structure.
Please include the following four figures from the Challenger quote when you send the brief:
- Total CarePlus investment amount
- CarePlus Annuity purchase price
- CarePlus Insurance premium
- Annual payment (or monthly payment × 12)
If the Challenger quote is not yet available when you send the brief, note this in your email. The SOA will flag the Centrelink section as pending and you will need to confirm those figures before the document is signed.
Send me your next
Aged Care file.
If you have an Aged Care case that falls within scope, send me the fact-find with client name redacted. I will run the calculation and return the full SOA draft at no charge. No commitment. No discovery call. The output speaks for itself.
Before you send
the first file.
What if a number in the draft is wrong?
Every figure in the output traces back to a named government rate or threshold from the current rate table. I review the calculation output and the narrative before anything leaves my desk. If a figure is incorrect, you tell me and I correct it — that is what the included revision covers. The licensed advice obligation and sign-off responsibility remain with you. I produce the draft. You produce the advice.
Is my client's data secure?
Client names and TFNs are redacted before entering the calculation. Nothing is retained after delivery. No data is uploaded to a cloud model or used to train any AI system. I do not require access to your Xplan, CRM, or any practice management platform. You send me numbers and context. I return a document.
How current is the legislation?
The rate table is updated when government thresholds change. The November 2025 aged care reforms and the March 2026 Centrelink indexation are both reflected in the current output. When a threshold changes, the calculation changes with it. You are not working from a spreadsheet someone built three years ago.
Is this a subscription?
No. There is no platform, no login, no monthly fee, and no minimum volume. You pay per file, on delivery. If you send one case and never send another, nothing follows. If you send a case and the output is not what you needed, you do not pay.
What does the draft actually look like?
A structured SOA document covering the means test, aged care fee calculations, RAD modelling, and cashflow position — with narrative sections drafted for the client. The Sample SOA tab shows you the actual output. That is what arrives in your inbox.
I use Aged Care Steps — how does this fit with my current workflow?
You keep using Aged Care Steps for your modelling and strategy design. Send me the fact find and a short note on which scenario you have settled on — I run the calculation independently and draft the SOA from that. If you want your ACS projections or graphs included as supporting exhibits in the document, attach them and they will appear alongside the written narrative. The SOA calculation runs from the fact find — it carries its own auditable number trail, independent of what ACS produced.
What I cover.
What I do not.
- Age Pension means testing — asset test and income test across all marital classifications: single, standard couple, illness-separated, and one-partner-eligible
- Aged care fee calculations under the 2026 reforms — HSC, NCCC, DAP, and Basic Daily Fee
- RAD optimisation — the funding structure that maximises pension entitlement while preserving a nominated liquidity floor
- Centrelink means test modelling for property decisions — retaining, renting, or selling the family home, assessed as a Centrelink asset position. The tax consequences of any property transaction are outside scope.
- Centrelink deeming — financial assets, account-based pensions, fixed-term annuities, and lifetime annuities
- Illness-separated couple assessment — each partner assessed individually against the applicable thresholds
- Net cashflow projection across the aged care period — pension income, aged care fees, asset drawdowns, and estate transition on exit
- Capital gains tax on the sale of the primary residence or any investment property
- Tax advice arising from a property transaction, asset restructure, or Centrelink strategy
- Estate planning, will structuring, and testamentary trust advice
- Self-Managed Superannuation Funds — super balances are assessable inputs; SMSF trustee and investment strategy is not
- Defined benefit schemes
- Complex family trusts
- Business succession planning
- Overseas pensions and foreign income
Precise. Auditable.
Current.
The calculation behind an Aged Care SOA is not complex because it is difficult to understand. It is complex because it is precise — a sequential waterfall of government-mandated figures, each one dependent on the last, each one subject to legislative change without notice.
The calculation runs deterministically. The same inputs produce the same outputs every time. Every figure in the output traces back to a specific government rate or threshold, named and sourced. There is no estimation and no rounding logic. The narrative sections are drafted by me, informed by the calculation output, and reviewed before delivery. The math and the words are produced separately — so the numbers are never interpreted, estimated, or paraphrased by anything other than the legislation they come from.
Government rates are monitored. When a threshold changes — and in 2025 and 2026 they changed significantly — the engine is updated and the output reflects current legislation. You are not working from a snapshot. You are working from a live rate table.
A complete SOA draft —
from fact-find to
final document.
The following is an illustrative SOA prepared for a fictional client. Names and identifying details are constructed for demonstration purposes. The calculations, waterfall methodology, and compliance language reflect actual output.
This is what arrives in your inbox within 2–3 business days.
The person
behind the calculation.
I am completing a Graduate Diploma in Financial Planning at Kaplan Professional, currently maintaining a high distinction average.
My understanding of Aged Care advice did not come from sitting across the table from clients. It came from working directly inside a large Australian financial services institution — speaking with advisers, their support staff, and their clients daily, close enough to see exactly where the time went. Not into advice. Into the manual calculation of means tests, fee structures, and Centrelink interactions that have to be right before a single sentence of strategy can be written.
I also studied it. Every threshold in the calculation, every fee waterfall, every legislative rule is grounded in the same curriculum that prepares financial planners for practice. I hard-coded it — not because I do not trust the legislation, but because I do not trust human memory to retrieve the right figure under pressure, every time.
My intention is straightforward. A client in their seventies navigating residential aged care deserves an adviser who is fully present in that conversation — not one who is mentally recalculating a means test. I handle the calculation. You handle the client.