Having a parent in assisted living can be a difficult decision, but often it is the best decision for their health and wellbeing. One of the biggest challenges can be finding ways to pay for the costs associated with assisted living.
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If you're considering assisted living for your elderly parents, one option to cover the costs is to sell their home. Here's what you need to know about this approach:
The decision to sell my mother's house was not an easy one. I had many memories of growing up there, and I knew she loved her home. However, when it became clear that she could no longer live on her own, I had to make a choice.
As people age, they often need more assistance to maintain their quality of life. Whether it's help with cooking and cleaning or 24-hour medical care, many seniors benefit from moving into an assisted living facility. If you have a loved one who is considering assisted living, you may be wondering how to pay for it.
Making the decision to move your aging parent into a senior living facility is never easy. It can be a difficult and emotionally charged process, but it's important to remember that you're doing what's best for your loved one. Senior living care facilities provide residents with the support they need to maintain their independence and quality of...
How to Pay for Assisted Living for a Parent
09/17/2022
Making the decision to put a loved one in assisted living is never easy. One of the first and most daunting questions you'll face is how to pay for it. Fortunately, there are a number of options available to cover the cost of assisted living, one of which is selling a home.
Making the decision to put a loved one in assisted living is never easy. How to pay for assisted living can be a daunting question, but it doesn't have to be. One common way to cover the cost of assisted living is by selling your parents home.