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Meet The Team – Gary Watson

Meet the Team – Gary Watson

Meet Gary Watson

Gary recently joined the Elliot Watson Financial Planning team as as Aged Care Specialist. Combining his extensive legal skills with his vast financial planning knowledge, makes for a perfect combination of experience for helping clients navigate the complexities of entering aged care facilities, and the corresponding Centrelink requirements. We are excited to have Gary on board and to offer this new service to clients. Let’s learn more about Gary:

What are your qualifications?

I am admitted as a Lawyer of the Supreme Court of NSW and hold an Australian Practicing Certificate to engage in legal practice as a Government Legal Practitioner.

I hold a Bachelor of Laws, a Master of Laws in Commercial Litigation, a Bachelor of Legal & Justice Studies majoring in Commerce and Conveyance Law, a Diploma of Legal Practice and a Diploma of Financial Planning. I am also a trained mediator and government dispute facilitator.

In October 2015, in recognition of academic achievement at Masters Degree level, I was admitted as a Graduate Fellow of the College of Law.

I am a member of the Law Society of NSW and a member of the Hunter Valley Charter of The Law Society of NSW.

I have over 30 years’ experience across financial planning, legal administration, law interpretation, dispute resolution and business management.

What do you enjoy about Providing Aged Care Advice?

It is essential that those wanting to access aged care services are adequately represented and receive reliable advice.

I take great satisfaction in helping elder clients and their families navigate the complexities of aged care services and government support.

Given the complex legal and financial structure of the Aged Care industry, in the absence of adequate advice, elderly people in need of aged care services may not receive all government entitlements and if not correctly assessed, may be asked to pay aged care providers amounts, for services and accommodation, that they are not legally required to pay.

The decision to enter an aged care facility or, receive home support, is difficult and can be a very emotional time for clients and their families. In my capacity as an Aged Care Specialist Adviser, it is rewarding to help alleviate the stress by ensuring clients are accurately assessed, receive all government subsidies and do not pay excessive amounts.

What do you like to do on the weekends?

I enjoy the free time at weekends, relaxing with my wife of 39 years and catching up with our three adult children. We are keen renovators and enjoy planning and renovating our home together over the weekend.

I hold an aircraft Pilot Licence with a Class 4 Instrument Rating. I fly light aircraft and have an endorsement to fly the DH 82 vintage Tiger Moth.

What do you like about Newcastle and the Hunter?

I have lived in the area for over 60 years and I’ve enjoyed raising my family in the Hunter. The region has undergone significant improvements over the last few years and it truly provides a great, relaxed lifestyle.

What is the best piece of financial advice you have ever been given? 

The best financial advice I’ve received is; ‘… It’s time in the market, not timing the market, that provides investment growth….’. The earlier you start investing for the future, the better.

What are you passionate about?

I am passionate about helping people. Legal and financial issues can be the source of significant stress and disadvantage for many people. Assisting people with the complexity of government regulations is both rewarding and satisfying.

The information within, including tax, does not consider your personal circumstances and is general advice only. It has been prepared without taking into account any of your individual objectives, financial solutions or needs. Before acting on this information you should consider its appropriateness, having regard to your own objectives, financial situation and needs. You should read the relevant Product Disclosure Statements and seek personal advice from a qualified financial adviser.

The views expressed in this publication are solely those of the author; they are not reflective or indicative of licensee’s position and are not to be attributed to the licensee. They cannot be reproduced in any form without the express written consent of the author.

Elliot Watson Financial Planning Pty Ltd and its advisers are Authorised Representatives of RI Advice Group Pty Ltd, ABN 23 001 774 125 AFSL 238429.

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