The Importance of Caregiver Contracts

A goal that my clients bring up in meetings time after time is that they wish to stay in their own homes for as long as possible. Many people, however, find the cost of bringing help into their homes to be daunting. Elders are increasingly turning to their adult children for in-home care. As...
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Thrown into the Deep End

Did you see Michelle Singletary’s column this weekend in the Boston Globe? I like her column, The Color of Money. She writes in a straight-forward, honest manner, with guidance targeted at “regular folks” like myself.

This weekend she wrote about essentially being thrown into the deep end of the...

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More Reasons to Write up a Caregiver Contract

I've been writing a lot about caregiver contracts lately. That's because they represent the ideal solution for so many families. Many children become part-time or even full-time caregivers for their aging parents. Sometimes a child needs to be paid for this - usually that is the only way she can afford to leave her...
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What Goes into a Caregiver Contract?

If as a parent and child, you have agreed that the child will care for her parent in exchange for compensation, you need to work with an elder law attorney to draft a caregiver contract, as discussed in earlier posts.

What will your attorney put into the contract? She will list...

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Being Paid to Care for Your Parents

As their parents have needed increased hands-on care and errand-running, many “Boomers” have been squeezed trying to juggle caring for their parents and performing well at work.  Our current economy has produced a mixed blessing for some – lost jobs means time to address their parents’ needs, but without economic security. One solution is...
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