Some elderly parents pay their children to be their caregivers. It keeps money in the family and helps the adult children stay afloat, among other benefits. But to do this right, you need a caregiver agreement.
The Best Life blog from U.S. News & World Report lists five things to do when coming up with such a contract (which they say should actually be drafted by an attorney). One key bit of advice they give is, “It’s a job; treat it like one.” That includes scheduling down time.
[Geriatric-care manager Linda Fodrini-Johnson] says the caregiver needs to schedule time off and identify a qualified replacement who is acceptable to the family member receiving care. Caregiving can be physically and mentally draining, especially when the caregiver lives in the family member’s home. “It’s burn-out time,” she notes, “but if you have a respite and time-out built into the agreement, you’re less likely to reach that point.”
You can read all the advice here: “5 Steps to a Family Caregiving Agreement.”
Leigh Ann Otte is a freelance writer who covers finding and paying for senior care for OurParents. If you have any questions about this post or need help finding senior-care options for a loved one, call 1-866-483-4896 to speak with a care advisor in your area.