When Your Child is Also Your Caregiver
It is very common for a child to provide care to an aging parent in order to allow the parent to continue to live at home. A child is most commonly the caregiver because the parent will not agree to hire professionals to assist with the activities of their daily life. Typically, the parent has concerns regarding privacy, and their child is the only caregiver they will trust. As the child often has to reduce or eliminate other employment, in many cases, the parent will pay the child for the care provided.
What is a care agreement?
When a child provides paid care to a parent in the home, it is best to establish a care agreement. A care agreement is a contract that outlines the care to be provided as well as the payment terms.
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by: Gina M. Barry