Paying Family Caregivers…Pros and Cons

Making a decision to PAY a family member for caregiving services can get complicated. However, one thing should be a definite…make sure the action is transparent.

An article last year in the Wall Street Journal stated, “Particularly in situations where a care recipient may eventually need to rely on Medicaid, attorneys say it is important to draft a written agreement—often called a “personal care contract”—that documents the caregiver’s responsibilities and hours and sets a rate of pay in line with that of local service providers.

The article goes on to mention different types of payment arrangements, identifying both the pros and cons.

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