Assessing the Needs of an Aging Parent
Planning for the future needs of aging parents can often be a sensitive and delicate task for adult children to undertake. Baby Boomers who must balance the needs of their own children with concerns about their parents’ well-being, have become known as members of the “sandwich generation,” as they struggle to provide multigenerational care and support. The amount of stress that comes with stretching oneself too thin is supported by today’s culture, which often seems to revere the notion of “superman” and “superwoman.” However, providing care for aging parents does not have to be a task that you face alone.
Although the topic may be difficult to broach, many are surprised to discover that talking with parents about their needs often opens doors of communication and strengthens familial bonds. One way to do this is through an assessment—which takes a thorough look at one’s physical, mental, environmental, social, and financial situation—to discover areas of concern and help ensure that risks are lessened, and that independence is maintained for as long as possible. You can perform an assessment by yourself, or enlist the aid of a professional who can help provide solutions for any situations that might arise. Following is a list of some issues you may want to cover.
• Do your parents suffer from any chronic diseases or illnesses?
• Do they experience incontinence, weight fluctuations, bone fractures, unsteadiness, dental problems, or other irregularities?
• Can you provide a list of doctors and other medical professionals your parents visit?
• Have they ever been diagnosed with any of the following conditions: depression, anxiety, Alzheimer’s disease, or dementia?
• Do they show signs of mood swings, forgetfulness, confusion, or depression?
• Do they appear to have a decreased interest in things that once captivated them, such as friendships or recreational activities?
• Do you have a list of your parents’ medications and dosage amounts?
• Do they take their medicines as directed?
• With what level of ease do your parents move about the house? Do they need walkers, canes, or other special devices, such as bathroom grab bars?
• How many of the following activities can they perform on their own: bathing, dressing, communicating by telephone, walking, climbing stairs, cooking, cleaning, and driving?
• If your parents have pets, are they able to give them the level of care they require?
• Is their living environment secure, and does their home contain safety features such as smoke alarms, grab bars, and non-slip flooring?
• Can they perform the necessary maintenance on their home and yard?
• Do they know how to protect themselves from predatory scams and fraud?
• Is the contact information of friends and family members easily accessible?
• Do they interact with friends or have social contact on a regular basis?
• Are they close to family members whom they see often?
• Has their level of personal hygiene remained the same?
• Do they need help with routine tasks such as washing, shaving, or hair and teeth brushing?
• Are clothes appropriate and clean?
• Are your parents able to pay their bills and maintain good financial health?
• Do they have, and can they locate, legal documents such as wills, powers of attorney, etc.?
• Do you know where to find important information about insurance and financial accounts?
You may wish to expand upon this partial list, or speak with a qualified professional about areas of particular concern. In many cases, a parent may require more assistance in one area than another.
Boomers who are struggling to meet the demands of older and younger generations may find that outside help is necessary. In many situations, assistance has a price tag. Proper planning can help smooth the necessary transitions, both financially and emotionally. For many families, long-term care insurance can provide a measure of support. Preparing today can help you provide for your family’s needs tomorrow.
The information contained in this article is for general use and while we believe all in formation to be reliable and accurate, it is important to remember individual situations may be entirely different. Therefore, information should be relied upon only when coordinated with professional tax and financial advice. Neither the information presented nor any opinion expressed constitutes a representation by us or a solicitation of the purchase or sale of any insurance or securities products and services. Written and published by Liberty Publishing, Inc. Copyright © 2013 Liberty Publishing, Inc. LTCASSAP-04
The information provided is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. MassMutual, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.