Easing the Financial Burden for Caregivers

It's natural to ignore the consequences ofhours per year. Note that there is often a wait-list.
spending large sums of money with all the* Medical alert bracelets can ease the strain of a
emotional and medical aspects that arise whilecaregivers' job by providing a backup plan when
caring for elderly parents. Too often adult childrenyou aren't with your parent. For $24.95 the
dig themselves into debt or forgo their owndevice will notify your designated doctor, family
savings and retirement accounts from the financialand friends in an emergency.
strain of taking care of their parents.* Eldercare.gov: Eldercare Locator is a public
In the United States around 30 percent of adultservice that aids in finding local agencies in the U.S.
children provide finances to their parents' care,that can help caregivers and the elderly access
paying on average $2,400 a year, according tohome and community-based services. All you
the Pew Research Center. However, your goldenhave to do is enter your ZIP code to explore
years don't have to be leveraged or sacrificedanything from assisted living facilities to caregiver
while caring for your elderly parents by blowingsupport services.
your own nest egg. Dedicating a few hours to* BenefitsCheckUp.org: BenefitsCheckUp provides
surfing the Web will aid you in finding a variety ofinformation for older people regarding their
programs and services that can help you lesseneligibility for benefits from existing federal, state
the financial burden, while simultaneously improvingand local programs. Benefits range from heating
the quality of your parents' lives. The followingand energy assistance to income supplements.
Web sites provide a solid start:There are numerous programs available to
*Alzheimer's Foundation of America: The AFAseniors, if only they knew how to apply for them.
provides a respite fund designed to assist* GovBenefits.gov: hosts information on
caregiving families. The program provides agovernment programs your parents can utilize.
$500.00 per family grant which will provide 40-50