Care giving and protecting your loved ones

Although I am not a financial planner or an elder care attorney I have been focusing much of my real estate practice on how to help protect our loved ones.  I became the primary caretaker for my Mom after she was my Dad's until he predeceased her a few years ago. As such I had a lot of "on the job training"  dealing with many end of life decisions for both my parents.  I was actively involved while they were at the end of their lives through the downsizing and selling of their home.  Since earning my SRES about a year ago I have been working hard to build a network of people to work with to allow me to share my knowledge and expertise to help others who, likewise,  may be confronting similar situations.

If you have a loved one who is aging it is good to have a conversation and figure out the best long term plan for their living situation while they are able to participate in the conversation.
In Saturday's Wall Street Journal there was a great article on how to reduce to costs of being a caregiver.  Often times this role is thrust upon you without any preplanning.  It may be difficult to alter the situation you are confronting when this happens as you need to deal with a full plate at the moment.

Additionally, when one is instantly thrown into the role of caregiver he/she may not know the daily routine of their new dependent.  One little tweak can throw someone off balance and create uncircumstancial havoc.  We had this issue when my father in law was on dialysis.  He was transported to a Dialysis Center 4 weekday mornings.  After several months of this routine the center decided to move him to the afternoon. This threw him off kilter and made it difficult for him to eat with his peers and engage with his familiar surroundings.  It ultimately led to his health decline and had tragic consequences.  Change is difficult for older people.

Another overlooked problem may be the medication situation of an elder.  Often there is a dependancy on medications that can be overlooked if rushed to a hospital.  We had this situation when my father was in the hospital and they changed his medications without informing us.  A certain medicine he needed was not given and he developed ICU psychosis.  Because he had family advocates this was eventually corrected.    It is important to have a complete list of all up to date medications particularly if someone is living on their own.  See here

I have started a networking group called Next Steps and work with a team that includes an elder care attorney,  a home health care aide, a family mediator, a move consultant, a financial planner, insurance provider and myself as a realtor.  Our team is continually growing to accommodate the needs of the clients we service.  Although my focus initially was seniors who are downsizing we also help clients are all stages of their life cycle.  Therefore the goal is to help people navigate the process and plan for the future before it becomes the present.

A few key features we are sharing to promote our groups' marketing efforts are below:

NEXT STEPS

a L.O.C.A.L. team of professionals

Life is a Journey.   Do you know your Next Steps? 

Whether you are seeking your first apartment, buying a starter home, financial or estate planning, confronting family challenges, thinking about retiring or in need of help with Senior Care for a loved one….

we have a team of dedicated specialists to help you and your family navigate each step along the way. 

We are a group of professionals specializing in various disciplines to serve and help with each phase of life related to the things you acquire and the things you divest along the way.  Our basic approach is simple, we are here to:

Listen

Observe and

Consult on

Acquisitions and

Liquidations related to personal property and related life transitions

*********************************************************************
The purpose of my group and efforts to become an SRES (Senior Real Estate Specialist) are to help share expertise in an area near and dear to my heart.  It was a great honor to be able to spend quality time with my parents during their last years.  I was able to help them feel whole and navigate their end of life with dignity and meaning.  Isn't this what we all want for our loved ones?

Wendy is a realtor with Coldwell Banker in Needham and recently jointly started marketing Coldwell Banker Needham-Your Cape Cod Connection.  If you need any advice on buying, selling or investing in the Metrowest or lower Cape please feel free to contact her at wendy@wendybcb.com.