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5 reasons to sign caregiver agreement

Retirement » Senior Living »5 Reasons To Sign A Caregiver Agreement

Define caregiving relationship
Define caregiving relationship © brankatekic - Fotolia.com

Define caregiving relationship

A 2009 Evercare survey placed the value of services family caregivers provide for "free" at an estimated $375 billion a year, almost twice as much as the amount spent on home care and nursing home services combined.

A detailed caregiver agreement makes clear the extent of the services being provided by a family caregiver and the amount of money the caregiver is getting paid, Caring.com's Matthews says.

"Everybody knows exactly what the terms are," Matthews says.

Agreeing to a personal-care contract is a good way for the caregiver and care recipient to iron out the terms of the relationship.

"The parent knows what to expect the child to do, and there's a limit," Matthews says. "It sets boundaries."

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