US Legal Forms
Maine Aging Parent Package

Maine Aging Parent Package

Category:

Wills - Estate Planning

State:

Maine

Control #:

ME-P017-PKG

Format:

Instant download

Description

This package is important for use in helping your aging parent organize their legal affairs as they begin to enter a later stage of life. It contains state-specific and multi-state documents that will help you in preparing your aging parent for and protecting your aging parent from events that may affect their health, finances and affairs after their death and are vital for your aging parent to maintain on file and safeguard in the event of an emergency or unforeseen life event.

The documents in this package include the following:

1) Last Will and Testament that suits your parent’s specific needs

2) Advance Health Care Directive(s)

3) General Power of Attorney effective immediately

4) Estate Planning Questionnaire and Worksheet

5) Financial Statement for an Individual

6) Personal Property Inventory sheet

7) Personal Planning Information and Document Inventory Worksheets

8) Agreement for Home Health Care by a Nursing Service

Purchase this package and save up to 40% over purchasing the forms separately!

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FAQ

The first and most common Medicaid option is Medicaid Waivers.With this option, the care recipient can choose to receive care from a family member, such as an adult child, and Medicaid will compensate the adult child for providing care for the elderly parent.

Assess your parent's needs. Think about your own needs and abilities. Include your parent in the process. Understand the financial situation. Take care of home safety basics. Make sure communication is simple and accessible. Explore available aging care options. 5 Important Legal Documents for Caregivers.

When parents are old, daughters become more responsible than sons. This is because before marriage they care of their own parents and after marriage they take care of their family. Hence the essence of responsibility never dies in daughters. Daughters are more understanding and tolerant when compared to sons.

It found that women were much more likely to provide care for elderly parents than men were. Seven percent of the women in the sample assisted with parents' personal needs, compared to 3.6 percent of men; 20 percent of women helped parents with chores, errands, and transportation, compared to 16 percent of men.

Help them downsize. If your parents are finding their current home unaffordable because of its size, it may make sense for them to downsize. Guide them through a relocation. Ask them to move in. Create a budget for them. Help with maintenance or repairs.

The cost to care for a parent in your home can vary depending on their needs. You can expect to pay between $15 and $25 per hour for home care personnel and $300+ per day for round the clock care (live-in) Some people utilize housekeepers and/or family members to bring the cost down.

Talk With Your Siblings. If you have siblings, have an official talk with them about your parents or loved ones who need extra care. Connect With Friends and Neighbors. Plan Regular Visits. Use Technology To Keep In Touch. Enlist Help.

In the U.S., requiring that children care for their elderly parents is a state by state issue.Other states don't require an obligation from the children of older adults. Currently, 27 states have filial responsibility laws. However, in Wisconsin, children are not legally liable for their elderly parents' care.

Women are more likely than men to be providing primary care to an aging parent (13% vs. 7%). And those who are not married (15%) are more likely than those who are married (7%) to provide most of the care to a parent.

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