Most people do not plan for a medical, mental or aging crisis for a parent—or themselves, and if such a crisis is not on your calendar, prepare now. None of us know what we don’t know, and when a loved one’s health and/or mind are failing, this is no time to have a crash-course in learning.
•Who do I turn to for advice?
•What kind of questions do I ask?
•Do I plan a loved one’s care for this immediate crisis—or make a plan that includes future needs as conditions worsen?
•How do I respond to the many needs: place to live (kinds of facilities), care (who provides and what kinds), costs (and how to pay them), and advisors (finding the right people to handle finances and elder planning).
If you have more questions than answers, this first-hand guidebook, written by a CPA/ financial planner about his dad’s situation, will provide answers. Now you will be able to deal with your own situation with more knowledge and focus.
Cummings divides his experiences into 13 lessons; some that are chocked full of practical advice for family members, caregivers and professionals:
How Do We Respond?
What Resources are Available?
It Is Not About You
Getting the Right Medical Help
Know If and When to Move Him From His Home
Know the Best Place for Your Loved One to Live
Know All of Your Options on How to Pay for it
Selecting the Right Financial Advisor
Get the Right Financial Advice
Proper Estate Planning
•Who do I turn to for advice?
•What kind of questions do I ask?
•Do I plan a loved one’s care for this immediate crisis—or make a plan that includes future needs as conditions worsen?
•How do I respond to the many needs: place to live (kinds of facilities), care (who provides and what kinds), costs (and how to pay them), and advisors (finding the right people to handle finances and elder planning).
If you have more questions than answers, this first-hand guidebook, written by a CPA/ financial planner about his dad’s situation, will provide answers. Now you will be able to deal with your own situation with more knowledge and focus.
Cummings divides his experiences into 13 lessons; some that are chocked full of practical advice for family members, caregivers and professionals:
How Do We Respond?
What Resources are Available?
It Is Not About You
Getting the Right Medical Help
Know If and When to Move Him From His Home
Know the Best Place for Your Loved One to Live
Know All of Your Options on How to Pay for it
Selecting the Right Financial Advisor
Get the Right Financial Advice
Proper Estate Planning