- Look for a professional financial planner. Financial planners offer advice and expertise in determining which investments you can and should use to best pay for home care services.
- Determine the value of any personal property, like antiques, art, collectibles, etc. that you may desire to liquidate. Make sure to have each piece professionally assessed before selling so you’re sure to get a fair price.
- Ask a tax expert for assistance in finding out how much revenue could be attained from selling a house or applying for an equity line of credit.
- Check with your insurance agent to see if any pensions, annuities, or policies could be used to pay for in home care.
- Talk with family members about a strategy for dividing the costs and duties of home care, to minimize the burden for any one individual.
paying for home care help and support, generally services of a non-medical nature are paid for out of pocket. Because of this, assessing your finances and identifying what assets are in place to assist in paying for home care services is crucial. The Keokuk IA home care experts at Advanced Home Health Care have compiled a few helpful tips to allow families to get the most out of their personal funds to pay for in home care. See whether one or more of the options below is ideal in your situation:When it comes to