Being a caregiver is a role that will fall to more and more baby boomers, a generation that is benefiting from having its parents around longer because of advances in health care. So as we celebrate Father's Day it seems like an appropriate time to discuss some of the important issues that caregiving children need to keep in mind.A new survey by the Treasury Department finds that one in four Americans define themselves as caregivers, with nearly eight in 10 providing two or more hours a week of help to a parent, friend or loved one. In addition to providing care, many of those family members also are handling their relatives' finances. That task includes everything from going to the bank to make deposits, to paying bills and managing investments.
The cards have the MasterCard zero liability guarantee for unauthorized purchases if they're lost or stolen. To learn more, go to www.usdirectexpress.com or call 877-212-9991. These simple but effective tools will safeguard seniors' benefits from fraud and inattention -- and make caregiving a lot less stressful for all concerned.
This book contains checklists that help you assess needs and plan for transitions. It guides you through setting up trusts that will not preclude the family member from receiving government benefits and tells you how to deal with insurance, income taxes and investments designed to help the family member into the future. Ehlert's financial planning Web site is www.ProtectedTomorrows.com. There you can learn more about her programs and order her book. It's a wonderful gift for a caregiver.