![]() This agreement is typically between an aging or disabled person and the relative providing care for that person. What is a personal care agreement?Ī personal care agreement – sometimes referred to as an elder care contract, family care or caregiver contract, caregiver agreement, or long-term personal support services agreement – is a contract between someone providing caregiver services (caregiver) and the person receiving care (care recipient). If your parents need home care services, and you have decided to step in as a paid caregiver, you will want to create a personal care agreement. ![]() This is a substantial increase from 34.2 million in 2015. 2020, a report by the National Alliance for Caregiving and AARP, 41.8 million American adults are caregivers for family members aged 50 and older. ![]() Becoming caregivers can create a financial burden for adult children of seniors, as some leave their jobs or work fewer hours to free up their time to be caregivers, resulting in less income.Īccording to Caregiving in the U.S. As Baby Boomers continue to grow older, more adult children of seniors are choosing to provide the care their aging parents need, rather than paying for outside help.
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