My mom fell for the 3rd time in a span of about 6 months. When she got home from the hospital after the 3rd fall, with a concussion, split lip and two black eyes, I asked her what she wanted to do.

She said she wanted to live at a retirement community and in fact named the one that we ultimately moved her into.

Then it was up to me to figure out how she was going to pay for it.

I’d like to share with you my interview with my friend and colleague Joyce Blue as she shares her knowledge about one way to pay for care of an aging parent and that is through Long Term Care.

Then when you finish watching that, take a look at this document from a group that I belong to, Aging Connections, as it walks you through and explains options for seniors like home care, assisted living, hospice, etc.

Another resource you can look to for help in paying for care is the Veterans Administration. If your parent or your parent’s spouse was in the military and honorably discharged, you may be entitled to help. You can learn more here.

You can also pay for care from the assets from selling your parents real estate and contents.

Also, look into Medicaid or Medicare to see if that is an option.

The other smart thing to do, if your parent has not already, is to get council from an elder law attorney. They can help you to navigate around paying for care. While you are there it is also a good idea to ask about an estate plan for your parent, if they do not already have one in place.

Finally, do what I did when I asked my mom, ‘What do you want?, which is my abbreviated version of ‘the uncomfortable conversation.’ 

Find out what your parent wants as far as care – do they want to stay in their home, do they want to live in a community, do they want you to care for them, do they want to move in with a family member?

Once you know what they want, it’s time to think about what you want. Do you want to care for your parent? What will that look like for you? Will it be your parent living in your home? Will it be your parent living in a community?

These are big decisions to make. I’m happy to help you. I’ve helped many clients to help their aging parents while honoring themselves. You can click here to schedule your complimentary consultation.

🩷Coach Wendy