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Eldercare
Reply to "Elderly Parents- Caregiver Options"
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[quote=Anonymous]Do they own their home? You might consider whether a reverse mortgage would free up some capital to hire aides. It's not an ideal option -- they will have to pay interest and fees to the lender. Here is more info about how reverse mortgages work: https://www.consumerfinance.gov/ask-cfpb/what-is-a-reverse-mortgage-en-224/ Good luck, OP. This is a situation we all dread. Often there are no good options.[/quote]
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