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What is in a Caregiver Contract? Who will be the initial caregiver? Who will be second in line—in case the initial caregiver is no longer able or willing to serve? What services will the caregiver provide? How will the caregiver be compensated? How will the family communicate about their parents’ care issues? How will conflicts with the caregiver be resolved (aka: how can the caregiver be fired)? While nationally 1 in 4 households provide care for an older adult, in Kent County, that number is 1 in 3 households. This arrangement has blessings, to be sure, but it also has costs: 35% of caregivers end up leaving paid work to care for a parent, resulting in lost wages, social security and retirement contributions. Not to mention hours lost while the caregiver is still employed. It’s also easy to imagine the conflicts that can arise between family members due to stress, guilt, and the financial burden. When you add lack of communication between siblings into the mix, the stress-level rises still more.
Family Harmony One of the best ways to take care of this situation before it becomes a problem is to establish a Caregiver Contract. It may seem excessive to put a contract in place, but it puts all the issues in the open when there is no crisis so the entire family can work together to establish a game plan to help the parents as they move through their life and need growing levels of care from family members.
Our Team Brian J. Plachta, Attorney, with more than 25 years of experience in Estate Planning, Probate, Elder, Business, Corporate, and Real Estate Law. He is also associated with the National Association of Elder Law Attorneys. Amanda DeChamplain, Paralegal, with more than 10 years of Estate Planning experience. |
