Older veterans and the surviving spouses in New York and the rest of the country may be entitled to certain long-term care benefits to which they may not be aware. These Veterans Administration benefits could help to alleviate some the financial burden brought on by long-term care expenses.
New York residents might not need long-term care when they are in their 50s. However, it's best to plan for such things ahead of time. Those who do need care for an extended period may choose to pay for it themselves, use government benefits or let an insurance policy pay for it. Creating a plan now could make it easier to use any of those strategies in the future.
Two thirds of older Americans in New York and elsewhere have not put away funds for future care expenses. A survey by The Associated Press-NORC Center for Public Affairs Research, which polled 1,341 Americans, revealed this number.
Recently, you may have begun thinking about advance directives because someone close to you was hospitalized suddenly. Perhaps your brother-in-law was admitted following a stroke. He was unable to speak and was completely dependent on the medical staff to make decisions about his care. His wife, your sister, was concerned about a particular kind of therapy that was prescribed for Jim and wished he could tell the doctors whether he wanted it.
When you find that your elderly parent needs the kind of help you can no longer provide, it may be time to consider a move to an assisted living facility. Your first thought may be about a nearby home, one you have admired because of its beautiful landscaping and colonial architecture. Do not be swayed by outward appearances, however. You need to learn about staffing, costs, and how well your parent will be cared for at this or any other facility. When you begin a serious search for new living arrangements for Mom or Dad, here are five pitfalls to avoid.
Long-term care is a reality that many people may have to face as they age. Individuals living in New York who are concerned about their long-term care or that of elderly loved ones should have a realistic view of what it entails.
Many New York families eventually need to address the care of an aging relative. Caretakers can reduce stress and legal roadblocks by preparing the legal framework to transition responsibilities before the need arises. Proper documentation can express the elder's wishes about medical care, living arrangements and who receives control of money and property. Talking to an elder about an advanced medical directive and a power of attorney creates an opportunity to make additional decisions that could protect assets if the relative needs to enter a nursing home.
While there are certain medically related causes for memory loss, such as thyroid, kidney, brain or liver disorders, other symptoms might point to AD, or Alzheimer's disease. Memory loss itself may be inconsistent; a person may remember the name of a pet one day and forget it the next. In addition to memory issues, there are several other behaviors that may signal the onset of AD.
When your loved one is in a nursing home, you want to be confident that he or she is receiving the best care possible, and that includes any medications given. Since it is not possible for you to be on hand all the time, you must depend on the experience and professionalism of others, but that does not mean that you should be kept out of the information loop.
If you are a disabled military veteran, you probably have substantial ongoing medical expenses. As a wartime veteran, you and your spouse are eligible for the tax-free Aid and Attendance benefit from the Department of Veteran Affairs if you are able to meet certain requirements.