Financial Steps for Caregivers: - AlzOnline 2025

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Many community organizations provide low-cost or even free services, including respite care, support groups, transportation and home-delivered meals. You also may consider informal care arrangements using family, friends, neighbors, faith communities and volunteer groups.
To begin financial planning, start with these priority steps: Use the Financial and Legal Document Worksheet (PDF). Identify family members that should be included in your financial plans. Identify the costs of care. Review government benefits. Review any long-term care insurance policies. Check Veterans benefits.
Financial caregiving doesnt have a formal definition; its a term used to describe managing the personal finances of a seriously ill person, an elderly person or other adult who requires assistance including paying bills, monitoring bank accounts, managing trusts, filing taxes, and taking on financial power of
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