Planning ahead can take some of the stress off of both the caregiver and the loved one they are caring for. If possible, it’s best to put financial and legal plans in place along with the person struggling from dementia so that they can be involved in their own care decisions.
Here are five tips to help you with your legal and financial planning:
Don’t put it off.
By planning ahead, you’ll allow your loved one to express their future wishes. It also gives you some extra time to work through difficult issues, like choosing a long-term care facility or figuring out how you’ll pay for treatment.
Get help from professionals.
Whether you’re looking into long-term care facilities or hospice care, get advice before making any decisions. Click here to visit the Alzheimer’s Association Community Resource Finder for help in your area.
Choose the right health insurance.
It’s important that your loved one is covered under a health insurance plan that meets both their mental and physical needs. For advice regarding Medicare insurance, call 888-738-6356.
Find out about tax breaks.
As a caregiver, you probably take on some of the financial burden of caring for your loved one. Because of this, you may qualify for tax benefits from the Internal Revenue Service (IRS). Talk to your accountant to learn more.
Take advantage of community services.
Local services range from transportation help to adult daycare programs. Click here to find out about the services in your area.