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Eldercare
Reply to "What's the best elder model to unburden our own children"
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[quote=Anonymous]There is no single answer; it depends on finances, relationships, location. Conversations and planning with a good estate attorney are important. Having contingency plans is important. Being realistic about what people will actually do is important. If you have a child that is distant they probably are not going to be a significant part of your life as you age. I hate senior living communities and will do everything I can to avoid it. It’s quite a ways off for me, but I will make my home as appropriate for aging in place as possible. I also know how important it is to remain active physically and mentally. Maintaining my independence is very important to me, so that’s a major priority for me. I update my estate plan as needed and have made choices to minimize tax, minimize labor, and minimize decision making (including my final arrangements). One thing I have done as I’ve taken care of elders is write letters to myself. I’ve taken note of the things that were very difficult for me as a caretaker, things that I really wished my family member had done differently, and things that worked. As I’m aging, I hope those letters will help me remember lessons learned from the caretaking side of the fence.[/quote]
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