Credent Wealth Management’s Post

How to Pay, What Level, Where to Live, & Who Providers Care Providing quality residential care, encompassing assisted living, memory care, skilled nursing, short-term rehabilitation, and independent living, is a crucial aspect of addressing the diverse needs of aging individuals. However, financing these services can be a complex and challenging process.

How to Pay, What Level, Where to Live, & Who Providers Care Providing quality residential care, encompassing assisted living, memory care, skilled nursing, short-term rehabilitation, and independent living, is a crucial aspect of addressing the diverse needs of aging individuals. However, financing these services can be a complex and challenging process.

Transitioning a parent into a nursing home is a passage many families navigate with heavy hearts. It's a decision wrapped in love, concern, and the hope for better care. 🏡❤️ This journey, marked by complex emotions and decisions, can be approached with dignity and understanding with the right preparation. Recognizing the need for this transition is the first step. It's about accepting that this move is in the best interest of your parent's health and safety. Involving them in discussions and respecting their wishes is crucial, as is the thorough research to find the right home that feels welcoming and provides the necessary care. Finances play a big role in this decision. Exploring funding options early can ease future burdens, making the consultation with a financial advisor well worth it. Legal and medical preparations are equally important, ensuring that your parent's wishes are honored and their health needs are met. The emotional journey for both you and your parent is real and valid. Support, understanding, and patience are key during this time. 🤗 Making the move should be as gentle as possible, with personal touches to make the new environment feel like home. And remember, the transition doesn't end with the move. Staying engaged and present in your parent's care fosters their well-being and peace of mind. Facing this change is an act of profound love and care. With thoughtful planning and open hearts, families can navigate this transition, ensuring their loved ones continue to feel respected, supported, and cherished. 💖 #griefsupport #griefjourney

Are you considering or preparing to move a loved one into Memory Care? We know that this can be a challenging and emotional time. So, we asked the experts for some advice. Here are some tips from a local nursing director who oversees a Memory Care Unit: 1) Present a united front: moving a family member into Memory Care involves the whole family. Prior to move in, agree on a "script" as to why your loved one is moving and stick with it. It is important create a sense of calm when making the transition. 2) Keep is simple: when speaking to your loved one about a move, minimize overwhelming details. For example, "we are moving to your new home," or "let's make some new friends." To our family members and caregivers, please lean on your new care team and take care of yourself as well. Change can be difficult for everyone. 3) Pack in private: when preparing for the move, it may be best not to pack in front of the resident. Seeing their things packed up could trigger anxiety and frustration. Find times when they are away from home to pack and set up the new room/apartment in advance of the move if at all possible. You know your loved one best, but we hope the above information provides some guidance. Good luck and please let us know if we can serve as a resource.

What is PACE SE Michigan and why it might be the perfect fit for your client? PACE Southeast Michigan is a Program of All-Inclusive Care for the Elderly (PACE). PACE Southeast Michigan uses Medicare, Medicaid and private funds to cover all of your medically-necessary care and services. The PACE Philosophy: Complete Care PACE Southeast Michigan is committed to helping you live in the community and age in your own residence. To meet this goal, we focus on preventive care. Although all people who enroll in PACE are eligible for nursing home care, only 7 percent of PACE participants across the United States live in nursing homes. Mission: PACE Southeast Michigan is a unique health plan and comprehensive care provider, committed to keeping chronically ill aging adults in their home, by caring for their medical, psychosocial, and spiritual needs. Values: Extraordinary Care Collaborative Teamwork Inspired Achievement Accountability Adaptive Growth PACE services are designed to meet your individual needs. PACE Southeast Michigan provides care and services in you home, community, and our day health centers throughout Wayne, Oakland, and Macomb counties. PACE Southeast Michigan participants receive most of their care from our expert staff at our centers. We provide transportation to and from our centers and all medically-necessary appointments. One source for all of your care. When you enroll in the PACE Southeast Michigan program, we provide and are responsible for all of your care, which is provided to you at no cost. However, you may be financially responsible for any care you receive outside the program that is not approved by the PACE Southeast Michigan interdisciplinary team (except in an emergency).

Are you considering or preparing to move a loved one into Memory Care? We know that this can be a challenging and emotional time. So, we asked the experts for some advice. Here are some tips from a local nursing director who oversees a Memory Care Unit: 1) Present a united front: moving a family member into Memory Care involves the whole family. Prior to move in, agree on a "script" as to why your loved one is moving and stick with it. It is important create a sense of calm when making the transition. 2) Keep is simple: when speaking to your loved one about a move, minimize overwhelming details. For example, "we are moving to your new home," or "let's make some new friends." To our family members and caregivers, please lean on your new care team and take care of yourself as well. Change can be difficult for everyone. 3) Pack in private: when preparing for the move, it may be best not to pack in front of the resident. Seeing their things packed up could trigger anxiety and frustration. Find times when they are away from home to pack and set up the new room/apartment in advance of the move if at all possible. You know your loved one best, but we hope the above information provides some guidance. Good luck and please let us know if we can serve as a resource.

𝐀𝐫𝐞 𝐘𝐨𝐮 𝐏𝐫𝐞𝐩𝐚𝐫𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐋𝐨𝐧𝐠-𝐓𝐞𝐫𝐦? → The unexpected is part of life. Long-term care policies have evolved, do you know what they cover? In a must-watch short clip, Christopher Curran gives insight into how these policies are versatile, supporting not just skilled nursing but also assisted living, memory care, and home care services. → But when is the right time to consider getting one? Christopher gives his opinion on which age group should start considering long-term care policies. What steps are you taking to prepare for potential long-term care needs for yourself or a family member?

How to Plan for Expensive Nursing Home Costs Learn how to financially prepare for nursing home expenses that can reach up to $1,000,000 in 3 to 5 years. Get valuable tips on managing your finances and protecting your wealth. #NursingHomeCosts #FinancialPlanning #WealthProtection #SeniorCare #ElderlyCare #LongTermCare #RetirementPlanning #AgingParents #NursingHomeInsurance #EstatePlanning

Recently, we traveled to Pennsylvania to visit family. The trip did not go as planned as my great aunt fell & broke her hip a few weeks before the trip. Our family visit was changed to hanging out with three little kids in rehab! We made the most of it and brought the party to rehab. This was weeks ago & she still is not ready to go home. Guess what??? »»Medicare only covers 100 days of skilled nursing care (after being admitted into the hospital for at least 3 days) and then there is no Medicare coverage! People are shocked to learn this and then often struggle to make arrangements or face hefty financial burden. →Medicare is NOT a long-term care solution. It is temporary at best, as there is specific criteria to get coverage (at least 3 days admitted to the hospital). Open to chat about your future! ☕️

Focusing on your clients' planning priorities—rather than specifics about nursing homes—could have a greater impact when discussing long-term care. Bill Comfort, a past speaker at Krause events, shares his perspective on changing your approach. #longtermcare #nursinghome #longtermplan