Asset Protection Today: The Holiday Edition
The Holidays: A Time for Family, Festivities, and Future Planning
Family gatherings, especially around the holidays, are more than just a time for celebration. They offer a unique opportunity to connect with senior loved ones and gently assess their well-being. It is often during these visits that family members, particularly those who live out of town, first notice subtle changes that may signal a need for additional support.
Observing the Signs with Care and Respect
As you spend time together, pay gentle attention to how your loved one is managing daily life. Are they having any difficulty with Activities of Daily Living (ADLs)? These can include challenges with eating, bathing, dressing, or managing medications. Often, seniors are reluctant to acknowledge these struggles because they desperately want to maintain their independence and control. It’s crucial to approach this topic with reassurance, emphasizing that the goal is to find solutions that help them stay in their own home for as long as safely possible.
The Community Connection: The Debate Over Relocating a Parent
When adult children see that a parent can no longer live safely alone, a common first instinct is to move them into their own home, which may be hours away. While well-intentioned, this can unintentionally isolate a senior from their entire support network.
Part of maintaining independence as we age includes participating in familiar social clubs, church groups, and community activities. Continuing to visit with friends, neighbors, and trusted healthcare professionals helps seniors maintain their sense of identity. Removing them from this environment can make the child the sole source of social support, a role that is impossible for one person to fill. Often, a better solution is to explore options like an assisted living facility within their own community, a step that may be aided by programs like Special Assistance.
Building a Support System for Your Loved One (and Yourself)
It’s essential to reach out for professional assistance when you begin this journey. Consulting with an elder law attorney early can provide a clear picture of all potential long-term care issues. The right attorney can ensure the necessary legal documents are in place and provide crucial advice on financial support that may be available.
It is also incredibly helpful to connect with organizations that specialize in the challenges you are facing. For instance, if you are noticing memory issues, the Alzheimer’s Association provides free resources and networking groups that can be a lifeline. Proactive planning for dementia and a strong support network are key.
Having a comprehensive life care and estate plan in place is the best way to protect your loved ones as they age. Call our office at (919) 256-7000 to schedule a consultation.