How to be financially prepared when your parent needs Alzheimer care

Coordinating Alzheimer ’s care for your parent is difficult, and the last thing you want is to have to deal with a financial hardship. Elder care is expensive. Begin to secure the support necessary to keep your parent happy and healthy by taking these steps. Assets and income: As precisely as possible, estimate your parent or parents’ net wealth and income. This means considering the total value of their home, their bank accounts, investment funds or individual investments they own, and income…
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