In this episode, we delve into the often overlooked aspects of caring for aging parents. Joined by Rich and Dawn Milburn from the Klaus Team Silver program, we explore five crucial elements people tend to overlook as their parents age. With their extensive experience in senior care and transition management, the Milburns offer invaluable insights.
The conversation touches on critical points such as timing—why discussing these matters well in advance is crucial, avoiding crisis-driven decisions, and navigating unexpected medical incidents. Understanding who takes the lead in decision-making, legal considerations like powers of attorney and trusts, and evaluating various care options tailored to individual needs. Financial aspects, including funding alternatives, long-term care insurance, and handling property sales, also come into focus.
The discussion moves beyond clichés about senior living to highlight the modern reality of engaging, stimulating communities designed to provide a rich and fulfilling lifestyle. Recognizing when the caregiving role exceeds personal capacity and seeking professional help for a parent’s overall well-being is emphasized.
Connect with the Klaus Team Silver program for personalized guidance and expert advice on managing these crucial aspects of caring for aging parents.
For more real estate insights, discussions, and topics related to Arizona homeownership, visit State48Homeowner.com.
0:00 - Introduction
2:34 - How soon will they need help?
6:58 - Solutions for Real Estate
7:36 - Who will take the Lead?
11:35 - Call Us First
12:05 - What are the Different Care Options
18:58 - How will we pay for care?
21:51 - How will I know when it’s time for a move?
