Now there’s a new option for people in this position: a family-funded reverse mortgage that’s custom-tailored to the needs not only of Mom and Dad but to the needs of one or multiple relatives who’ll serve as lenders.
Evidence shows that most caregivers are ill-prepared for their role and provide care with little or no support, yet more than one-third of caregivers continue to provide intense care to others while suffering from poor health themselves.
A typical story of a family without CareRelay to helping project manage the long-term care of their mother. By early 2000 it was clear to my two sisters and me that our dear mother had begun her descent into the abyss of early-stage dementia.
Ageing in Place Over the next 30 years, the prevalence of dementia is set to double. The increasing number of older adults as a proportion of the global population means, amongst other things, that health care facilities run the risk of becoming over-crowded and that practitioners will struggle to support those in need of care...