Aging in Place: The Financials of Caregiving

If you are or may become a caregiver to a loved one, there’s a distinct possibility they will want to stay in their – or your – home for as long as possible. But along with the emotional and psychological costs come the financial ones, many of which can be eased with the right kind of knowledge and planning.

In her talk. “Aging in Place: The Financials of Caregiving,” Tena Burrell, president of Financial & Estate Planning Services, LLC, and a caregiver for family members for more than 20 years, will share with your members:

• The differences between Medicare and Medicaid, what each covers and what they don’t
• Why having long term care insurance is essential, even if your loved one never sets foot in a nursing home
• How much you can expect to pay out of pocket for non-medical home care or companion services, day care or respite facilities