Last updated: 16-Nov-2008

Money & Legal

Eldercare usually involves not just healthcare but money and legal matters, as well. That might include estate planning, getting legal forms such as advance health care directives and power of attorney for finances in place, and understanding the coverage and policies -- such as Medicare and Social Security benefits -- of the person in your care.


Poll:
How much do you know about your parents' finances?

Many people are in the dark when it comes to their parent's financial situation. How much do you know about your parents' finances? (Choose one.)

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Tip:
For Long-Term Income, Opt for an Insured Reverse Mortgage

Many private reverse mortgages aren't insured. With these loans, the payout is backed only by the strength and reputation of the lender. read more