Senior Care News

Are You the Financial or Durable Power of Attorney for a Parent? What You Need to Know to Help Them Plan for the Future

Helping a loved one plan for care? Explore options for aging at home while considering their wishes, changing needs, and finances.
Home Care Partners | Power of Attorney
Home Care Partners | Power of Attorney

If you are the financial or durable Power of Attorney (POA) for a parent or loved one, you may eventually find yourself navigating decisions you never expected to make.

What happens when Mom or Dad have a health change? What if they need help after a hospitalization, begin experiencing memory changes, or need more care?

And perhaps the biggest question: How do you honor their wishes while making responsible decisions about their care and finances?

The healthcare landscape is changing, and one of the biggest shifts is happening right at home.

Home is becoming the new center of care.

Today, families have access to more resources than ever before to help older adults remain safely and comfortably at home. Moving to assisted living or a nursing home facility isn’t always the first or only option.

What resources are available to help your loved one remain at home?

Depending on their needs, several services can work together to support aging in place:

1. Mobile Healthcare

  • Physical and occupational therapy in the home.
  • Physicians who make house calls.
  • Medication management and organization
  • Rehabilitation and recovery services at home.

2. Assisted Living at Home

In-home assistance and care management can provide support with:

  • Bathing, dressing, and personal care.
  • Meal preparation and household assistance.
  • Dementia and memory care.
  • Medication managment.
  • Care coordination and ongoing oversight.

3. Technology and Remote Monitoring

Technology can provide additional awareness and peace of mind through:

  • Remote safety monitoring.
  • Emergency response systems.
  • Fall detection technology.
  • Tools that help families stay connected to changing needs.

What will it cost to keep your loved one at home vs. moving to a facility?

Home Care Partners | Power of Attorney

One of the biggest misconceptions families face is assuming that someone needs full-time care when a much smaller amount of support may be enough.

The right amount of care, introduced at the right time, can make a meaningful difference.

For example, a few hours of assistance each day, combined with family involvement, mobile therapy, and other community resources, will enable someone to remain at home.

The important thing is to understand the options before making a major financial decision.

Five things every Power of Attorney should consider

If you are responsible for helping a parent or loved one plan for the future, consider these questions:

  1. What are their wishes? Have you talked about where they want to live and what matters most to them?
  2. What financial resources are available? Understand their income, savings, long-term care insurance, VA benefits, and other available resources.
  3. What support is available at home? Explore options with a care team before assuming a move to a facility is necessary.
  4. Who is helping coordinate care? Consider whether a care manager could help navigate providers, appointments, changing needs, and family communication.
  5. Are you planning ahead or reacting to a crisis? Having a plan in place can reduce stress, help preserve resources, and give families more options.

Remember, the authority and responsibilities of a financial or durable POA depend on the actual legal documents and applicable law. Financial authority does not automatically mean healthcare decision-making authority.

How Home Care Partners can help

At Home Care Partners, we believe families deserve to understand their options before making life-changing decisions.

We are Bringing Assisted Living Home.

We help families explore what it takes to support a loved one at home, with services that can adapt as needs change.

Our team can help:

  • Navigate long-term care insurance policies and available benefits.
  • Explore in-home care options and alternatives to facility placement.
  • Coordinate support with healthcare providers, therapy, hospice, and other community partners.
  • Provide Care Management to help families navigate decisions, changing needs, and the stress of healthcare changes.
  • Develop a proactive plan that honors family wishes while considering financial resources.

Our consultations and home visits are always complimentary.

If you are the financial or durable Power of Attorney for a parent or loved one and have questions about planning for their care, will you call or text Karla today? 402-780-1211.

A conversation, a glimpse, and a little guidance will make all the difference.

Home Care Partners Staff

Recent Posts

Categories

Contact Us About Home Care

Skip to content