Sample Contract For Personal Care Agreement
Before preparing your personal care contract, it is important to talk to other family members to ensure open communication and avoid disagreements. By using this formal agreement to spell out the details of the care you will provide and the amount of compensation you will receive, you can help avoid disagreements and avoid family conflicts. Another legal consideration is that the beneficiary is not able to sign the contract. The person who holds the power of attorney or the guardian or the curator can sign. If the caregiver also holds the beneficiary`s power of attorney or guardianship, you should consult a lawyer. If you don`t think there`s a lawyer, read examples of agreements in the Resources section. Family support contracts must be signed by both the caregiver and the patient. In some states, certification is required to comply with Medicaid. An accountant can be helpful, especially in cases of tax impact on care contracts, Manz says.
It is important for everyone involved in a personal care contract to understand what this means for their finances and taxes. According to a report by the AARP Public Policy Institute and the National Alliance for Caregiving (NAC), the previous year, more than 34 million Americans served as informal (unpaid) facilitators for a person over the age of 50. Adult children often care for their aging parents, whether it is minimal support for daily activities due to natural aging or more comprehensive management resulting from the progression of Alzheimer`s disease or associated dementia. As care needs are increasingly high, it is not uncommon for informal family caregivers to give up their work to provide the required level of care. Family care contracts offer a win-win situation; The caregiver can be compensated for the care he/she provides and the elderly person receives the care he or she needs. This document should be completed by the parties if they have accepted the terms of the solicitude relationship between them. This document asks specific questions about what child care will entail. So it`s a good idea to make sure the parties have discussed the details in advance. Amendment/Re termination Clause A clause allowing changes to the care contract to be amended if both parties agree to the changes should be introduced. If the agreement is long-term, it is strongly recommended that the agreement be reviewed and amended each year. A clause allowing the termination of the contract is also recommended.
In most cases, personal care arrangements are made between an aging parent and an adult child. But these contracts are also created for grandchildren who care for grandparents, nieces and nephews who care for aunts and uncles, and siblings.