Cost of Caregiving Can Cause Conflict
Family members of all kinds have fought over money matters since time immemorial, but it may be worse for cash-strapped caregiving families. The costs of caregiving activities, including hiring aides, buying supplie, and covering medical and pharmacy copays, negatively affect family caregivers’ pocketbooks and morale.
Can I Avoid the Economic Dangers of Caregiving?
If caregiving looms in your future — and it likely does if you’re a daughter, an only child or the one (if you are, you know what I mean) — take time now to protect your financial life.
New Bill Could Make Long-Term Care Insurance More Affordable
Legislation introduced last week in the House of Representatives would reform the tax code in an effort to make long-term care insurance more affordable and accessible for older adults.
What’s Elder Law and Do I Need It?
Why Elder Law Is Necessary? In two words: baby boomers.
What Planning Should I Do in My 50s?
If you are one of the many people who start getting serious about their finances as they reach their 50s, enjoy this guide for your next steps.
How Do I Hire a Caregiver from an Agency?
Once you have a list of promising agencies, arrange a consultation. AARP has a checklist of important questions to ask before signing a home health contract.
Can I Restructure Assets to Qualify for Medicaid?
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
Will I Be Ready for Long-Term Care?
For some, retirement means ‘where will we play today’s round of golf?’ For others, it could mean, ‘do I pay for my meds or my rent?’ In either case, a few concerns touch every retiree. The topic of long-term care is one of them, at least subconsciously. The question that causes more than a few sleepless nights is, ‘What happens when I can’t take care of myself anymore?’
How Do I Know If Dad Needs Personal Care Help?
Relationships can be complicated under the best of circumstances. However, when you see someone you love — like an aging parent, grandparent or close friend — struggle to take care of their health, stepping in isn’t always so simple.
What Has COVID Taught Us about Caregiving
The COVID-19 pandemic increased demand for and complexity of care, accelerating existing trends toward longer duration and more acute long-term care.
