A power of attorney (POA) is a legal document that gives someone the legal power to act on someone else’s behalf. The person who’s been granted the authority is called the agent. The person who signs a POA, making someone else their agent, is called the principal. A POA can only be authorized by someone who’s found to be mentally competent, which is why it’s so important for individuals diagnosed with dementia to create a POA before the condition progresses.
We know that the search for financial help for the care of your loved one with dementia can be time-consuming and challenging. Like so many others, you may not be aware that the Veterans Benefits Administration offers several program options that can help with the financial aspects of memory care, Aid and Attendance, and Housebound allowance.
As people age, they become more vulnerable with specific legal matters that are much different than the younger population, such as long-term health care, living arrangements, and unique financial needs. Seniors and their family caregivers can find themselves in overwhelming and sticky situations without adequate legal planning. But who can help? Luckily, attorneys are available that practice elder law.
We understand that financial planning for the care of your loved one with dementia can feel like a huge undertaking. Know that at any age, your loved one may be eligible for benefits from the Social Security Administration (SSA) that can help pay for dementia care.
Unfortunately, there is no way to predict how long the adjustment period will last. It can take days, weeks, or months. Much of the outcome depends upon the type and severity of dementia, if your loved one is prepared for the move, the environment (the facility), and the level of support that is given (by yourself, family, and staff) during and after the move.
The type of care provided to your loved one with memory impairment is principal to the cost of their care. Learn more about the price difference between Assisted Living and Memory Care and why.
Are you looking for options to pay for assisted living in Texas? Read about our overview of the most common benefits that can fund assisted living services.
Our tips will help you have a caring and honest talk with your loved one to prepare them for a move to memory care.