Many families find that living with an older parent is a financial and emotional burden. Here are some tips for preparing for the transition. Continue reading to learn more about how to live with an elderly parent and the steps you should take to move in. The home health agency can help you provide high-quality care for your parent. They are also available to assist with administrative tasks and financial administration.
Living with an elderly parent: Costs
The caregiver loses income, benefits, and personal expenses in addition to caring for an aging parent. The caregiver might have to pay for minor home modifications or travel to medical appointments. American AARP estimates that the average caregiver spends $3888 annually caring for an older parent. Some facilities require a deposit of at least one month and charge additional fees for pets. These are the expenses associated with caring for an elderly parent.
Dependent on the care required by an elderly parent for their daily living, costs of assisted living may vary. A senior parent might only need some assistance from a home health aid. On the other hand, a senior who requires regular medical monitoring or daily tasks may need a full-fledged assisted living facility. Assisted living facilities often offer private rooms for each resident. In addition, the cost of assisted living services may be lower than for a senior living facility.
Steps to follow to be able to live with an old parent
It is possible to move in with an aging parent if you want to make the transition smoother. These are some steps to follow before you move in. You should make sure you check on your elderly parent's health. Refer to a primary care doctor for advice about the best foods and medications for them. You might consider purchasing things like dressing aids, anti-slip mats, and in-bed bathing system. You might be eligible to receive financial assistance from Medicare or another aging community.
First, make sure that your parent lives on a first-floor location. If they're mobile now, you may not need to install a stair lift. If you live in a two-story home, try to clear a room for your parent. If your parent does not have a bedroom on the second floor, you can convert a study or den into one. If stairs are a major issue, consider installing a stair lift or ramp to make moving your parent easier.
Legal assistance for living with an older parent
You have many options when it comes to legal assistance. Professional representation or free home visits are all available. A lawyer can provide information about Medicaid eligibility and senior living. They also help with creating a trust and living will. It is possible to avoid lawsuits by hiring an attorney to help you with legal matters. Attorneys advise siblings to make sure they have all the documentation and roles in place.
Power of Attorney – A power-of-attorney allows a trusted person (or someone else) to make financial or medical decisions on your parent’s behalf. This can make your life easier when your loved one is unable to make these important decisions for themselves. This power of attorney protects the rights of an elderly person and helps you avoid becoming confused about legal issues. It is an essential tool that caregivers can use to help their loved ones in time of need.