Many Georgia residents are beyond age 65 and are currently residing in nursing homes. Long-term care planning is of paramount importance to most senior citizens and their families. While many people consider Medicare a great asset that helps provide for the aging, most are unaware of how crucial Medicaid can be to secure long-term care for millions of seniors and pre-retirees as well.
Finding a long-term care facility that best fits an elder's needs
There may be families in Georgia who are currently discussing options regarding how best to care for and support their aging loved ones. Many adult children do all they can to help their elderly parents; however, some situations have progressed to the point where it's no longer safe or in a parent's best interest for him or her to keep living independently, at home. Thankfully, finding a long\-term care facility is often possible; it is usually a matter of determining which type and exact location is most feasible, practical and comfortable for a particular prospective resident.
Financial power of attorney documents can protect older adults
Caring for your aging parents is often complicated. Your parents may resent any attempts to curtail their rights or freedoms, such as restrictions on their ability to drive a vehicle. As an adult caring for adults, you have to carefully balance their realistic needs with their emotional health. You want to do what is right for your loved ones and support them, but you also want assurance that you can manage the situation in the future.
How Financial Planning Supports the Long-Term Wellbeing of Older Adults
Older adults can become increasingly dependent on others to meet their personal needs. But when it comes to financial planning, many of them overlook the steps that prevent common issues while helping them achieve a more secure financial future.
Advocates seek government assistance in protecting loved ones
In Georgia and many other states, many families have suffered the devastating effects of elder abuse. Protecting loved ones isn't always possible as immediate family members often don't realize their elderly relatives are in danger until it's too late and damage has already been done. That's why a group of elder abuse advocates in another state have appealed to their senators to take action that may help keep elders in nursing homes, hospitals and other assisted care facilities a lot safer in the future.
Long-term care planning now can ensure you leave something behind
Many Americans spend years accruing assets and building an estate. Typically, as they age, adults start to think about how those assets will support their loved ones, including children and grandchildren. Assets that represent a life's work can be a source of pride and allow older adults to leave behind a lasting legacy for their families.
When should a nursing home option be considered?
Many Georgia residents are adult children to aging parents and are doing their best to help their loved ones navigate their elder years. Certain issues may necessitate a temporary or permanent stay in a nursing home. Determining whether this option is most viable in a particular situation can be challenging, not to mention emotionally-charged.
