Ways to Lighten the Financial Load For Elderly Relatives

A recent article by Caring.com spoke about ways to keep loved ones out of nursing homes. Many families who would like to receive help for their relatives are financially strained and cannot afford a nursing home.  For these families, the care of a loved one can cause undue stress and tension.  Caring.com addressed this issue by offering many tips on creative financial ways to help take care of elderly relatives or friends. According to the article, some of the tips include:

  • Moving in with someone else who can take care of your relative
  • Split caregiving between family and a paid neighbor
  • Moving to an area with a cheaper cost-of-living to be able to hire a caregiver
  • Consider utilizing adult daycare or companion care
  • Use community resources that provide in-home care, such as responsible students or church groups
  • Look into potential programs that your relative might be eligible for, such as various Veteran's Affairs benefits
  • Research assisted living facilities as well
  • Look into Medicaid or PACE benefits

Attorney Doug Stoehr is a personal injury lawyer serving western and central Pennsylvania.  He takes cases for older Pennsylvanians who have been abused or neglected.  For more information on his Altoona, PA area practice, please call his office at 814-946-4100.  Attorney Stoehr takes cases in Blair and the seven surrounding counties.

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