As we approach the end of another year many people will be looking forward to the festive season and the chance to slow down and catch up with family, particularly elderly parents. Busy lives and distant homes can make it easy to feel out of touch. Sadly, at this time of year adult children may also begin to notice changes in their ageing parents.

It’s distressing and worrying to accept that your parents who were once vital may soon need help to manage their day to day needs. Hard decisions may need to be made and many children and parents will need professional guidance to convert the mountain of data on aged care into meaningful and relevant information and ultimately into appropriate decisions.

It might be time for a family meeting

The New Year is traditionally a time to take stock and plan ahead. If you have elderly parents, this year’s planning should include family discussions to help parents plan ahead for the help they may need.

If you are in fact that elderly parent, Christmas time provides you an opportunity to discuss your care needs with your adult children. Make yourself heard. Have these discussions earlier whilst you are still able to maintain your control and independence, to anticipate how your need for care may increase. Christmas time might be one of the few opportunities during the busy year for discussions with all those people who are important to you.

If thought of this discussion fills you with dread, the support and advice of an Accredited Aged Care Professional ™ may prove invaluable.

The value of a family meeting

A family meeting is often an essential step in planning for aged care and may help to minimise conflicts within your family. Emotional conflicts between family members can make the transition to care more distressing for an elderly parent and have the potential to rip families apart.

A well-run family meeting can allow parents, children and other family members to discuss issues and preferences, express concerns and make decisions that work for your family as a whole.

As an Accredited Aged Care Professional ™ I can assist with arranging and running a family meeting to help your family see the big picture more objectively. I can provide a neutral voice in what can be an overwhelmingly emotional discussion, so you can consider the best options for your parents’ care, security and happiness.

The earlier you take this step, the better. Planning ahead ensures that parents are fully involved in the decision-making and removes some of the stress from other family members. With a well organised plan in place, your family can respond more quickly and effectively when an event requiring a move to aged care occurs.

Talk to me today.

Belinda is an ACS Accredited Aged Care Professional™ and can take away a lot of the stress and complexity of the aged care process.

As part of Seniors Week 2019, Foundation Wealth Planners will also be holding an information session on Friday, 22nd February 2019, 10am at the Dubbo RSL. Please register your interest.

This article is for informational purposes only and the information contained is of a general nature and may not be relevant to your particular circumstances. The circumstances of each investor are different, and you should seek advice from a professional financial adviser who can consider if particular strategies and products are right for you. In all instances where information is based on historical performance, it is important to understand this is not a reliable indicator of future performance. You should not rely on any material on this website to make investment decisions and should seek professional advice.
Foundation Wealth Planners ABN 84 612 059 622 is an Authorised Representative No. 1242404 and Credit Representative No. 488134 of FYG Planners Pty Ltd, AFSL/ACL No. 224543 ABN 55 094 972 540
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