None of us can predict the future, but we all want to ensure that our children are protected, no matter what. If you have a special needs child, you will likely feel an enhanced sense of responsibility. You may worry about making sure that they are provided for financially for the rest of their lives so that they are able to live fully and can get access to the best possible support and care.
Long-term elder care: Benefits and downsides of assisted living
One of the most emotionally difficult decisions older Georgia residents can make is whether they should leave their homes in favor of assisted residential living. It is often an adult son or daughter who recommends assisted living to an aging parent. Many elders hesitate to consider the option because they believe it is typically one step shy of a nursing home.
Georgia senior citizens are targets for financial crimes
In the United States, those age 50 and beyond control approximately 70 percent of the nation's wealth. This means senior citizens in Georgia and elsewhere are at great risk for financial abuse, as the ultimate goal of many fraudsters is to take advantage of older people who they believe are vulnerable. Learning how to recognize signs of possible financial exploitation is a first step toward helping protect aging parents and other elders.
Protecting loved ones may include financial power of attorney
Providing encouragement and support to an aging parent is a high priority for many adult children in Georgia. Such care often includes helping a mother or father transition to an assisted living residence. It can be stressful and challenging to find a good facility. Protecting loved ones is not always easy when it comes to physical, emotional or economic well-being. Regarding the latter, a financial power of attorney can be a great asset.
Long-term care planning: Think about your home
It doesn't matter if you're thinking about long-term care planning for yourself or a loved one, there are some key considerations that deserve your full and immediate attention. For example, here's a question that always moves to the forefront: Could my home pose a problem as I age?
Georgia senior citizens may be concerned with these issues
Some Georgians might say that aging is for the birds. Others might have a most positive outlook, perhaps feeling more liberated as they age and living life as they see fit. Many senior citizens agree, however, that aging often prompts fears or anxieties about certain issues.
How can you bring up estate planning with your parents?
Your parents have not done any estate planning, and you're worried that it is soon going to become a problem. You want to talk to them about end-of-life medical care, passing on family assets and heirlooms, moving into a nursing home and much more.
A court appointed guardian may affect your loved one's rights
If you're one of many adult children in Georgia who are caring for an elderly parent, you understand how challenging it can be. You want what is best for your loved one, but it isn't always easy to interpret that in a given set of circumstances. One of the most difficult decisions someone in your position can make is to file a petition for a court appointed guardian when your mother or father has become incapacitated.
