How To Care For Your Parents Money While Caring For Your Parents

Because caring for your parents' health also means caring for their wealth... Watching your parents decline and assuming the burden of caring for their physical needs is difficult enough, but you can't allow that to overshadow the importance of their financial needs. After all, what will happen if your parents outlive their savings? In order to be a financial caregiver, you'll need to know how to deal with legal and financial paperwork; government agencies and regulations; a host of insurance, investment, and estate planning issues; and the inevitable emotional and psychological issues that arise whenever money and family mix. In this indispensable guide, two family finance experts who are caring for their own parents' finances provide a basic primer in personal finance for those who are involved in their parents' financial lives. Filled with checklists, worksheets, resource lists, and other essential tools, this comprehensive guide supplies the knowledge and confidence you need to Decide who should manage your parents' money Communicate with siblings and caregivers Establish budgets and write annual reports Manage your parents' stocks, bonds, real estate, and other investments Deal with health insurance, Medicaid, and other insurance issues Protect your parents from elder fraud

A guide to caring for aging and ailing family members, which offers expert advice, illuminating vignettes, and a compassionate approach to building constructive, mutually gratifying relationships

Working Daughter provides a roadmap for women trying to navigate caring for aging parents and their careers. Using the author’s own experiences as a prime example, it’s ideal for readers who want straight talk and real advice about the challenges and rewards of eldercare while managing a career and family.

Are you struggling with what to do with difficult aging parents? Are they stubborn and refusing help? You are not alone. Millions of adult children face issues when parents’ health starts to decline and they can’t do things safely anymore. There is endless information on the internet, much of it confusing and even contradictory with common sense. Skip the confusion! Now you can get clear, professional, action-oriented answers to your most vexing legal, health care, and financial questions about your aging loved ones. Author Carolyn Rosenblatt is an RN and attorney with over 45 years of combined experience. She is a consultant for families at AgingParents.com, and her work there informs her writing. Find real case illustrations and real-life solutions to problems like yours. You’ll find a chapter on how to have the often uncomfortable money conversation with your aging parents, how to safely hire a home care worker, what you need to know about assisted living, how to get your parent to give up driving, how to prevent your loved ones from being abused and much more. The Family Guide to Aging Parents gives you the legal and healthcare expertise you need to guide you through the many difficult decisions you have to make as your parents age.

"With a new introduction and additional stories"--Jacket.

For women and men who are involved in caring for aging parents, and for those who see caregiving in their future, this empathetic and practical book offers complete coverage of all the practical issues you are likely to confront, while addressing the emotional stress and particular needs of caregivers. Claire Berman, drawing on her own experiences, the experiences of many other adult children, and interviews with specialists in the geriatric field, discusses the wide range of emotions that can accompany caregiving--Publisher.

"Practical advice you can trust from the experts at AARP"--Cover.

Wise, smart, and ever-helpful, an essential guide to caring for aging parents. When Jane Gross found herself suddenly thrust into a caretaker role for her eighty-five year-old mother, she was forced to face challenges that she had never imagined. As she and her younger brother struggled to move her mother into an assisted living facility, deal with seemingly never-ending costs, and adapt to the demands on her time and psyche, she learned valuable and important lessons. Here, the longtime New York Times expert on the subject of elderly care and the founder of the New Old Age blog shares her frustrating, heartbreaking, enlightening, and ultimately redemptive journey, providing us along the way with valuable information that she wishes she had known earlier. We learn why finding a general practitioner with a specialty in geriatrics should be your first move when relocating a parent; how to deal with Medicaid and Medicare; how to understand and provide for your own needs as a caretaker; and much more. Includes chapters on the following subjects: Finding Our Better Selves The Myth of Assisted Living The Vestiges of Family Medicine The Best Doctors Money Can Buy The Biology, Sociology, and Psychology of Aging Therapeutic Fibs