When writer Jonathan Rauch found himself unprepared for the health decline of his elderly father, he confronted the struggle many Americans face in caring for elderly parents. Rauch writes about his experience caring for his father in a compelling, brutally-frank article for The Atlantic, Letting Go of My Father. And he discussed his experiences recently [...] [...more]
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Cases of elder financial abuse often are perpetrated by family, friends, neighbors and caregivers, reports Michelle Singletary, columnist at The Washington Post. Singletary reports here on a recent report from the MetLife Mature Market Institute, “Broken Trust: Elders, Family, and Finances.” According to the report, 55 percent of financial fraud on elders is committed by [...] [...more]
National Public Radio ran an excellent 20-minute feature yesterday on the challenges posed to eldercare by the economic downturn. The discussion, featured on NPR’s Tell Me More program, looks at the challenges facing the estimated 1.5 million Americans living in nursing homes, many of whom heavily depend on the financial support of relatives who themelves [...] [...more]
The sliding economy has prompted families to re-think the economics of care giving, according to a report in The Wall Street Journal. A growing number of individuals providing care for family members are being paid for their work under formal contracts called caregiver agreements, according to the story. The arrangement is beneficial for family members [...] [...more]