UNLOCKING THE LUXURY OF AN IN-HOME CHEF EXPERIENCE – SURPRISINGLY AFFORDABLE & CONVENIENT!

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 TasksAs 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 RentalAnother consideration is your loved ones 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 AttorneyAsk your senior loved one if theyre willing to grant you power of attorney, which will allow you to make medical and/or financial decisions for them when theyre 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 ones wishes will be respected in the event theyre no longer able to clearly communicate. 4. Closing or Selling Your Loved Ones BusinessWhen 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 companys 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 ones financial situation. Together, come up with a plan that will keep them financially secure. Youll have greater peace of mind knowing that everything is in order.5. EfficiencyAging 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 clients 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 OneKnowing 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: The person you are caring for has multiple medical or psychological issues. They are unable to live safely in their current environment. They are not pleased with current care providers and require advocacy. They are confused about their own financial and/or legal situation. They have limited or no family support. Your family is burned out or confused about care solutions. You have limited time and/or expertise in dealing with the individuals chronic care needs and/or do not live close by. Your family is at odds regarding care decisions. You need education and/or direction in dealing with behaviors associated with dementia.  Evaluating Aging Life Care Professionals for Yourself or Your Loved OneWhen evaluating Aging Life Care Professionals, consider the following: Credentials and Certification: Ensure the Aging Life Care Professional is certified and a member of ALCA. Experience: Look for professionals with substantial experience in geriatric care management. References and Reviews: Seek references from previous clients and read reviews to gauge their reputation and effectiveness. Compatibility: Choose someone who is compatible with your family and understands your specific needs and preferences. Communication Skills: Effective communication is crucial; the Aging Life Care Professional should be able to clearly explain care plans and updates.  Understanding Aging Life Care ManagementAging 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.Its about enhancing the overall quality of life for both the older adult and their family.Advice for Planning for Healthy AgingPlanning for healthy aging involves being proactive about your health, finances, and lifestyle choices. Here are some key pieces of advice from ALCA: Maintain a Healthy Lifestyle: Prioritize regular exercise, a balanced diet, and mental health to stay physically and mentally fit. Plan Financially: Save and invest wisely to ensure financial stability in your later years. Consider long-term care insurance and other financial products that can help cover future care needs. Stay Informed: Educate yourself about aging and the resources available to support you. Stay connected with community services and support networks. Be Proactive About Healthcare: Regular health check-ups and screenings can help detect and manage potential health issues early. Build a Support Network: Cultivate strong relationships with family, friends, and community members who can provide support as you age.   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.

What Distinguishes an Aging Life Care Manager from Other Geriatric Care Managers? What is Aging Life Care Management? Aging Life Care Management, also known as geriatric care management, focuses on improving the quality of life for older adults and their families through comprehensive planning and management of care needs. This involves addressing not only health concerns but also financial, legal, and social aspects to ensure the well-being of older adults. Aging Life Care Professionals or Aging Life Care Managers are members of the Aging Life Care Association (ALCA) and differ from Patient Advocates, Senior Advisors, Senior Navigators, and Elder Advocates. ALCA members must meet stringent education, experience, and certification requirements of the organization, and all members are required to adhere to a strict Code of Ethics and Standards of Practice. Benefits of Aging Life Care Management Engaging an Aging Life Care Manager can offer numerous benefits: 1. Expertise and Knowledge Aging Life Care Managers bring specialized knowledge and experience in elder care, ensuring that the client receives the best possible care. They are well-versed in managing conditions such as dementia, Alzheimers, Parkinsons, and other chronic illnesses. For example, they can recognize early signs of cognitive decline and coordinate with healthcare providers to manage it effectively. If a family is struggling to manage the needs of a beloved relative with Alzheimers? An Aging Life Care Manager can provide a detailed care plan, recommend suitable memory care facilities, and ensure that the parent receives appropriate therapies to slow disease progression. 2. Stress Reduction By handling complex care tasks and providing emotional support, Aging Life Care Managers reduce the stress and burden on family caregivers. They can step in during emergencies, offering a 24/7 point of contact, which alleviates the constant worry families often experience. Studies have shown that family caregivers often experience high levels of stress, with about 40-70% showing significant symptoms of depression (American Psychological Association). Having professional support can significantly reduce these mental health challenges. 3. Improved Outcomes An Aging Life Care Managers comprehensive approach can lead to better health outcomes and enhanced quality of life for the older adult. Continuous monitoring and timely interventions can prevent hospital readmissions and manage chronic conditions effectively. Research indicates that coordinated care management can reduce hospital readmission rates by up to 20%, highlighting the effectiveness of proactive care management (Finlayson et al.). 4. 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 clients 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: The person you are caring for has multiple medical or psychological issues. They are unable to live safely in their current environment. They are not pleased with current care providers and require advocacy. They are confused about their own financial and/or legal situation. They have limited or no family support. Your family is burned out or confused about care solutions. You have limited time and/or expertise in dealing with the individuals chronic care needs and/or do not live close by. Your family is at odds regarding care decisions. You need education and/or direction in dealing with behaviors associated with dementia.   Evaluating Aging Life Care Professionals for Yourself or Your Loved One When evaluating Aging Life Care Professionals, consider the following: Credentials and Certification: Ensure the Aging Life Care Professional is certified and a member of ALCA. Experience: Look for professionals with substantial experience in geriatric care management. References and Reviews: Seek references from previous clients and read reviews to gauge their reputation and effectiveness. Compatibility: Choose someone who is compatible with your family and understands your specific needs and preferences. Communication Skills: Effective communication is crucial; the Aging Life Care Professional should be able to clearly explain care plans and updates.   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. Its 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: Maintain a Healthy Lifestyle: Prioritize regular exercise, a balanced diet, and mental health to stay physically and mentally fit. Plan Financially: Save and invest wisely to ensure financial stability in your later years. Consider long-term care insurance and other financial products that can help cover future care needs. Stay Informed: Educate yourself about aging and the resources available to support you. Stay connected with community services and support networks. Be Proactive About Healthcare: Regular health check-ups and screenings can help detect and manage potential health issues early. Build a Support Network: Cultivate strong relationships with family, friends, and community members who can provide support as you age. 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.

The Role of a Geriatric Care ManagerThe share of the United States population over the age of 65 has risen to 16%, and it is expected to climb further to 23% by 2060. People are living longer, and that means that people also have more specialized health care needs.Aging life care calls for a different kind of attention, as various conditions and syndromes begin to present themselves. Depending on which conditions those are, the situation can get complicated pretty quickly. In some cases, it might be worthwhile to consider hiring a geriatric care manager.As we and our loved ones age, we usually end up needing support from the people around us to make sure our needs are met. Family members in particular tend to shoulder this responsibility. But there are many reasons that might make it difficult to have a good support network in place. The most common reason is that family caregivers simply live too far away to provide reliable senior care management.In this context, geriatric care managers can be thought of as "professional relatives." If a family member is not able to provide long term care, geriatric care managers can help provide any and all services related to elder care. They are usually licenced nurses or social workers who are trained in aging life care, and they organize care plans and advocate for their patients needs.If you hire a geriatric care manager, you will be able to count on them to navigate the complexities of the health care system. It can also be helpful to have someone who can make decisions from a neutral point of view, as family caregivers sometimes have to make difficult decisions that are deeply personal.The primary responsibilities of a geriatric care manager are:Coordinating elder care between multiple service providersDeveloping both short and long term care plansHelping manage emotional concerns, stress, and anxietiesHelping manage transitional careHiring additional caregivers as necessaryMake home visits and evaluate living conditionsOngoing assessment of aging life care needsAll of this helps take the pressure off family members and ensures that geriatric care management is always under control.When to Seek Support With an Aging Life Care ExpertThere are many cases in which families are perfectly capable of managing aging life care for someone they love. But it can be challenging to know when you might be taking on more than you can reasonably expect to handle. As discussed above, one of the most obvious challenges is that family members do not live near the person who needs their care. But other complications are not as straightforward.You should consider hiring a geriatric care manager when:You need help with a complex issue. Lots of medical conditions can lead to the kinds of behaviors that should really be handled by aging life care professionals. Issues related to dementia, verbal abuse, or physical violence are among these.Your loved one will not talk to you about their health. Whether it is out of concern for privacy, a soured relationship, or an inability to describe what they are experiencing, older adults sometimes do not let relatives help them. A geriatric care manager gives them someone they feel comfortable talking to about their health. You are having trouble communicating with service providers. Geriatric care managers have a better understanding of where other aging life care professionals are coming from, so if you have run into a wall in negotiations or are not able to get the information you are looking for, your care manager is in a position to communicate more effectively.You do not know what to do. Caring for a loved one can be complicated for reasons beyond their health. We always want the best for them, but sometimes there are multiple pathways and it is not clear which one will be best. Geriatric care managers can provide their objective point of view to help your loved one receive the senior care that is right for themFinding Geriatric Care ManagersA geriatric care manager does not have to hold a state level license. But because many of them come from fields in health care, they elect to maintain their credentials. Care managers who come from social work often have to have active licensure in order to practice in their state.So on the one hand, a lack of certification or licensure is not necessarily a deal breaker. On the other hand, it is important that they can demonstrate their experience as aging life care professionals. If you are hiring a geriatric care manager, be sure to ask about the following:Do they have direct experience with managing issues specific to your loved one? This is especially important to cover in cases of severe injury or cognitive decline.Do they have experience with crisis care management? If your loved one is prone to seizures or is at high risk for falls or heart attacks, aging life care professionals need to know how to handle this type of emergency situation. Also ask them if they are available to respond around the clock, or if they have set hours.How will they communicate information to you? It might seem like a tedious question, but being on the same page about communication methods and styles can save everyone a lot of frustration and confusion.Can they provide references? It can be hard to really understand who you are working with based on their resume alone. Talking to people who know them well is a good way to corroborate your first impressions.How are their costs and fees structured? Senior care can be expensive it is typically not covered under Medicare or most other insurance plans so it is important to understand how much things will cost up front. Geriatric care managers charge by the hour, typically within a range of $75200 per hour.When families turn to aging life care professionals for care management services, they need to know as much as possible about the roles and responsibilities of the people they are bringing into the fold. Geriatric care managers help families navigate the complexities of elder care and relieve them of the stress and anxiety that so often comes along with it. They are experienced in working with a variety of national and local resources, care providers, and care services to ensure the highest quality of life possible.Give me a call for a FREE 20 minute consultation at 714-403-7040. source: Keystone Health, 2024. https://keystone.health/geriatric-care-manager-role-responsibilities#table-of-contents