Preparing for Future Caregiving Responsibilities

In this chapter, they discuss the importance of preparing for future caregiving responsibilities and provide suggestions on what individuals can do. They emphasize managing legal and financial affairs, such as meeting with an elder law or family attorney to set up trusts, which can help cover nursing home expenses and make individuals eligible for Medicaid. They also mention the option of getting long term care insurance, but highlight the need to obtain it at a younger age. Additionally, they mention the positive trend of more young people getting involved in caregiving and suggest that education on caregiving should be improved, starting at the college level. They also emphasize the need for families to have conversations about caregiving in advance.