With an aging population and rising healthcare costs, over half of American seniors are projected to require long-term care, creating financial and emotional challenges for families.
How have you prepared for the future when it comes to long-term care? Have you considered future health and financial needs, and whether long-term care insurance may be a practical solution to avoid financial burden on your family?
Creating a caregiver contract provides clarity, ensures fair compensation and helps with Medicaid planning, making it a vital step for families caring for elderly parents.