Help with Family, Finances

and the Future

Tips for caring for elderly loved ones

On Behalf of | Apr 29, 2022 | Estate Planning |

As your loved ones grow older, you may be involved in considering their long-term care planning options. This is sometimes done along with estate planning, and it’s important to consider all sides of elder care.

You may also be wondering what role you need to play in all this and how could you can provide the best possible assistance when they need it. Here are a few tips that may prove beneficial.

Consider in-home care

If your elderly parents think that it would be too difficult to move out of the family home that they love, you may be able to consider in-home care options. These don’t usually work when someone needs care 24/7, but they can be helpful for an aging person who simply needs a little assistance with difficult tasks.

Think about the financial side

You also want to think about the financial side of this process and what their savings look like. People are often surprised by the true cost of the care that they need or the cost of living in a nursing home. Consider things like benefits or insurance, and look into all potential options.

Work with the rest of your family

If possible, coordinate your efforts with your siblings and work to make it so that you can all stay involved. Not only is this best from an emotional standpoint for your parents, but it takes some of the stress off of each one of you when you work together.

As you move forward with this process, it’s also wise to look into all of the legal steps your parents may need to take as their health needs change.

 

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