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As our senior loved ones age, we may start seeing
physical and mental signs of decline. While some signs are not worrisome,
others may be more concerning: anxiety, depression, forgetfulness, and
mishandling money. These could indicate more serious issues and are risky
behaviors. So here are four things you can do to help your aging loved one
manage their finances.
Four Ways to Help Your Aging Loved One Manage Finances:
1. Stepping Up to Help With Daily Tasks
As they age, your loved one may
start having difficulty remembering important things such as taking
their medications and getting refills on time. If you notice your loved one is
no longer able to keep track of due dates for their bills or forgets to pick up
their mail and leaves letters unopened, it is time for a conversation. Ask them
if you can take charge of their finances in order to avoid overdraft fees,
missed due dates, and other potential problems.
If you live far away or if you cannot visit regularly, consider
hiring an Aging Life Care Manager® to check on your loved one, assess
their needs, and recommend on-going services. Share a calendar with their care
team to let them know about appointments, and make a readily-accessible list of
phone numbers that include doctors, pharmacies, banking institutions, and
emergency numbers.
2. Finding a Suitable Rental
Another consideration is your loved one’s living
arrangement. A popular option is finding a new, accessible, rental home or
apartment, which means less maintenance than owning a home. When scouting
rentals, look in neighborhoods with the amenities they need. View online
listings to find properties in their price range to locate the perfect place.
3. Getting Power of Attorney
Ask your senior loved one if they’re willing to grant you
power of attorney, which will allow you to make
medical and/or financial decisions for them when they’re no longer
able to do so. A power of attorney is a flexible document that lets your loved
one (the principal) specify what decisions can be made on their behalf by
another person (the agent). The principal can amend or make changes to that
document at any time, provided they are of sound mind.
Once you fill out the required forms and have them
notarized, print extra copies for your records and put them in a safe place.
Being legally prepared before your loved one becomes ill or incapacitated will
give both of you peace of mind – taking the guesswork out of what should happen
and knowing that your loved one’s wishes will be respected in the event
they’re no
longer able to clearly communicate.
4. Closing or Selling Your Loved One’s Business
When your loved one owns a business but can no longer manage
it, it is time to close or sell it. There are many steps involved in dissolving an LLC or
corporation, so consult with an accountant or attorney in order to avoid
penalties. You will have to gather all documents pertaining to the company such
as articles of
incorporation and operating agreement and be able to provide a
potential buyer with several years of tax returns, profit and loss statements,
and client/vendor contracts, etc.
Get a professional business valuation in order to properly
and objectively determine its value. A good business broker will help you come
up with a number by analyzing the company’s management, capital structure,
future earnings, and market value of its assets, and will facilitate and
streamline the selling process.
It can be a difficult conversation, but it is important.
Take time to discuss your loved one’s financial situation. Together, come up
with a plan that will keep them financially secure. You’ll have greater peace
of mind knowing that everything is in order.
5. Efficiency
Aging Life Care Managers streamline care processes, reducing
redundancies and ensuring efficient use of resources. They help avoid
unnecessary hospitalizations and inappropriate placements, which can save
significant costs. For example, an Aging Life Care Manager might identify that
a client’s frequent hospital visits are due to medication mismanagement and
work to set up a system where medications are properly administered at home,
thus reducing the need for hospital care (Yang).
What Distinguishes an Aging Life Care Manager from Other
Geriatric Care Managers?
Aging Life Care Professionals are distinguished by their membership in ALCA, which sets them apart through rigorous education, experience, and certification standards. Aging Life Care Professionals must meet stringent education and certification requirements, which include formal higher education in related fields such as gerontology, nursing, or social work, and professional certifications like Care Manager Certified (CMC), Certified Case Manager (CCM) . Additionally, they adhere to a strict Code of Ethics and Standards of Practice, ensuring a high level of professionalism and quality care.
When to Engage the Services of an Aging Life Care
Professional for Yourself or Your Loved One
Knowing when to engage the services of an Aging Life Care
Professional can be challenging. Here are some indicators that it might be time
to seek help:
Evaluating Aging Life Care Professionals for Yourself or
Your Loved One
When evaluating Aging Life Care Professionals, consider the
following:
Understanding Aging Life Care Management
Aging Life Care Management is not just about addressing
immediate health concerns but also about providing a holistic and proactive
approach to care. This includes planning for future needs, advocating for the
client within the healthcare system, and supporting the family through
emotional and logistical challenges.
“It’s about enhancing the overall quality of life for both
the older adult and their family.”
Advice for Planning for Healthy Aging
Planning for healthy aging involves being proactive about
your health, finances, and lifestyle choices. Here are some key pieces of
advice from ALCA:
Aging Life Care Management is an invaluable resource for
families navigating the complexities of elder care. These
professionals play a pivotal role in ensuring that older adults receive
comprehensive, compassionate care while supporting and relieving the burdens on
their families. By understanding and utilizing the services provided by these
professionals, families can enhance the quality of life for their loved ones
and themselves. For more detailed information and resources, the Aging Life Care Association website is
an excellent place to start.
Rehabilitation Services Provided in Skilled Nursing FacilitiesRehabilitation services are a cornerstone of skilled nursing facilities (SNFs), designed to help individuals recover from illnesses, injuries, or surgeries and regain their independence. Heres a closer look at the rehabilitation services offered in skilled nursing facilities and their benefits.1. Physical TherapyPhysical therapy is a critical component of rehabilitation in skilled nursing facilities. It focuses on helping residents restore strength, mobility, and physical function after surgery, injury, or a medical event such as a stroke. Key aspects of physical therapy include: Strength Training: Exercises to rebuild muscle strength and endurance. Balance and Coordination: Techniques to prevent falls and improve stability. Mobility Exercises: Activities designed to improve range of motion, walking ability, and the use of mobility aids such as walkers or wheelchairs. By working closely with licensed physical therapists, residents can achieve improved independence and a better quality of life.2. Occupational TherapyOccupational therapy in SNFs is designed to help residents regain the skills needed for daily living. This therapy focuses on enhancing a persons ability to perform activities of daily living (ADLs) such as dressing, grooming, eating, and bathing. Specific interventions include: Adaptive Techniques: Teaching residents how to use assistive devices or modify tasks to suit their abilities. Fine Motor Skills Training: Improving dexterity for tasks like buttoning clothes or holding utensils. Energy Conservation Strategies: Helping residents manage fatigue and perform tasks more efficiently. Occupational therapists work with residents to restore independence and adapt to new physical or cognitive limitations.3. Speech TherapySpeech therapy addresses communication and swallowing difficulties that may result from strokes, neurological disorders, or other medical conditions. Speech-language pathologists (SLPs) in skilled nursing facilities focus on: Swallowing Therapy: Treating dysphagia (difficulty swallowing) to prevent complications like choking or aspiration pneumonia. Communication Training: Helping residents regain or improve their ability to speak, understand language, or use alternative communication methods. Cognitive Therapy: Assisting residents with memory, problem-solving, and organizational skills. Speech therapy improves both safety and quality of life by enabling residents to eat, communicate, and engage with others effectively.4. Specialized Rehabilitation ProgramsSkilled nursing facilities often provide rehabilitation programs tailored to specific conditions, including: Post-Stroke Rehabilitation: Combining physical, occupational, and speech therapies to address the multifaceted challenges of stroke recovery. Orthopedic Recovery: Rehabilitation for individuals recovering from joint replacement surgeries, fractures, or other musculoskeletal injuries. Cardiac Rehabilitation: Programs focused on improving heart health and endurance following heart attacks or surgeries. Neurological Rehabilitation: Care for residents with conditions such as Parkinsons disease, multiple sclerosis, or traumatic brain injuries. These specialized programs ensure that residents receive targeted care to address their unique recovery goals.5. Benefits of Rehabilitation Services in Skilled Nursing FacilitiesRehabilitation services in skilled nursing facilities offer numerous benefits, including: Faster Recovery: Access to expert care and tailored therapies helps residents recover more quickly. Enhanced Mobility and Independence: Therapy restores physical function and confidence, enabling residents to perform tasks on their own. Improved Quality of Life: Rehabilitation helps residents regain their abilities, reducing frustration and fostering a sense of accomplishment. Preventing Complications: Therapies such as swallowing training and balance exercises minimize risks like choking, falls, and re-hospitalization.
Our eyes are incredibly precious, yet its easy to take our vision for granted until problems arise. Lets focus on proactive steps to maintain and improve our eye health. Here are some tips to keep your vision in top shape:Schedule Regular Eye Exams:One of the best ways to safeguard your vision is by scheduling regular eye exams. Comprehensive eye exams can detect vision problems early on, allowing for prompt treatment and prevention of further complications. Make it a priority to see your eye doctor at least once a year, even if you dont currently wear glasses or contact lenses.Protect Your Eyes from UV Rays: Just like your skin, your eyes can be damaged by the suns harmful UV rays. Whenever youre outdoors, especially on bright, sunny days, wear sunglasses that offer UV protection. Look for sunglasses that block 100% of UVA and UVB rays to shield your eyes from potential damage. Give Your Eyes a Break from Screens: In todays digital age, many of us spend a significant amount of time staring at screens, whether its for work, leisure, or staying connected. Prolonged screen time can lead to digital eye strain, characterized by symptoms like dry eyes, blurred vision, and headaches. To reduce eye strain, follow the 20-20-20 rule: every 20 minutes, take a 20-second break and look at something 20 feet away.Eat a Balanced Diet:Nutrition plays a crucial role in maintaining eye health. Incorporate foods rich in vitamins and antioxidants, such as leafy greens, colorful fruits and vegetables, fish high in omega-3 fatty acids, and nuts and seeds. These nutrients can help protect against age-related vision problems like macular degeneration and cataracts.Practice Good Eye Hygiene:Proper eye hygiene is essential for preventing eye infections and irritation. Wash your hands frequently, especially before touching your eyes or handling contact lenses. Follow your eye doctors recommendations for contact lens care, including proper cleaning, disinfecting, and storage.Stay Hydrated: Dehydration can contribute to dry eyes, so be sure to drink an adequate amount of water throughout the day. Aim for at least eight glasses of water daily to keep your eyes and body hydrated.Get Plenty of Sleep:Adequate sleep is crucial for overall health, including eye health. During sleep, your eyes receive much-needed rest and replenishment. Aim for 7-9 hours of quality sleep each night to help reduce eye fatigue and maintain optimal visual function.By incorporating these simple yet effective tips into your daily routine, you can help protect and preserve your precious eyesight for years to come.Your eyesight is irreplaceable, so take care of your eyes today for a brighter tomorrow!
Moving to a new home can be scary and stressful, especially for older people. But don't worry! Here are some easy ways to make moving day less scary and more fun.1. Pick the Right HomeFirst, choose a new home that feels good. Think about what you like. Do you want a garden view? Do you need help with cooking? Make sure your new home has what you need to be happy.2. Make ListsWrite down everything you need to do. This helps you remember important things. Start early and take your time. Don't rush!3. Choose Special ThingsWhen you move to a smaller home, you can't take everything. Pick the things that mean the most to you. It's okay to feel sad about leaving some things behind.4. Get Help from MoversHiring people to help you move can make things much easier. They know how to pack and move your stuff safely.5. Use Good BoxesUse boxes that stack well. Plastic boxes with lids are great because they're easy to pack and unpack.6. Say Goodbye to Your Old HomeHave a party to say goodbye to your old home. Take lots of pictures to remember it. This can help you feel better about moving.7. Think Happy ThoughtsMoving can be exciting! Think about all the fun new things you'll do in your new home. You might make new friends or try new activities.8. Pack a Special BagPack a bag with things you'll need right away in your new home. Put in things like:MedicineToothbrush and toothpastePajamasSnacks and waterThis way, you won't have to search through all your boxes on the first night.9. Make a Moving Day PlanPlan out your moving day. Know when you'll leave and when you should arrive at your new home. Don't forget to plan for breaks along the way.Remember, moving can be a big change, but it can also be the start of a great new adventure in your life!
Elder Maze Solutions offers a helping hand to families navigating the complexities of caring for aging loved ones. Our team of experienced professionals provides a comprehensive approach to elder care, ensuring your senior family members receive the care they need while maintaining their independence and dignity. Understanding the Challenges of Elder Care Caring for aging parents or grandparents can be a daunting task. As seniors face health issues, cognitive decline, or require assistance with daily living activities (ADLs), families are often left struggling to find the best course of action. Elder Maze Solutions recognizes these challenges and strives to alleviate the burden on families by providing expert guidance and support. Elder Maze Solutions: Services to Help You Navigate Elder Care Elder Maze Solutions offers a wide range of services designed to meet the specific needs of your loved one. Here's a closer look at some of their core offerings: Geriatric Care Assessments: A comprehensive evaluation by a qualified geriatric care manager (GCM) to assess your loved one's physical, cognitive, and functional abilities. This assessment helps identify areas where your senior might need assistance and forms the foundation for creating a personalized care plan. Care Coordination and Management: Elder Maze Solutions serves as a central point of contact for all your loved one's care needs. They work with doctors, specialists, therapists, and other healthcare providers to ensure a coordinated and seamless care experience. This reduces stress for families and ensures that your senior receives the right care at the right time. Dementia Care Management: Elder Maze Solutions specializes in providing compassionate and qualified care for seniors with dementia. Their GCMs have extensive experience in managing the unique challenges associated with dementia, such as memory loss, behavioral changes, and safety concerns. They can help families develop a care plan that promotes safety, dignity, and quality of life for their loved ones with dementia. Healthcare Power of Attorney: Elder Maze Solutions can assist you with navigating the legal aspects of healthcare decision-making for your loved one. They can help you understand the importance of a healthcare power of attorney and guide you through the process of appointing someone you trust to make medical decisions on your behalf if you are unable to do so. Long-Term Care Planning: Elder Maze Solutions can help you explore various long-term care options, including assisted living facilities, nursing homes, and in-home care. They can provide you with information on costs, quality of care, and resources to help you make informed decisions about your loved one's future care needs. Advocacy and Support: Elder Maze Solutions serves as your advocate, ensuring that your loved one's voice is heard and their rights are protected. They can help you navigate the complexities of the healthcare system, communicate effectively with medical professionals, and access available resources and benefits. The Elder Maze Solutions Difference Elder Maze Solutions goes beyond simply providing services. They are committed to building trusting relationships with families and their loved ones. Their GCMs take the time to understand your unique situation, concerns, and goals. They provide personalized care plans that are flexible and adaptable to your loved one's changing needs. Benefits:* Reduced stress and burden on families* Improved quality of life for seniors* Increased peace of mind for families* Cost savings through proactive care planning* Personalized care plans tailored to individual needsWith Elder Maze Solutions by your side, you can feel confident that your elderly family members are receiving the care they deserve while maintaining their independence and quality of life. Let us help you navigate the journey of elder care with peace of mind. Give us a call today!