Families frequently avoid making decisions when they are faced with disagreements and/or lack of information involving an aged loved one. Unfortunately, this avoidance can result in significant financial and emotional costs.
Elder mediation is a cooperative method to find the best possible resolution to the major life challenges inherent in the aging process. In elder mediation, all family members, including the parents, voluntarily agree to the process, and agree to the inclusion of any other participants. They might choose to include the children’s spouses, grandchildren, other relatives, parents’ friends, caregivers, medical providers, pastors and lawyers.
The major life changes that are most frequently addressed in elder mediation stem from four main issues: 1) housing changes, 2) loss of financial control, 3) issues surrounding caregiving, and 4) family finances involving adult children.
Families need to make financial, legal, and emotional decisions in order to work through this life transition. Making it through the senior years requires addressing questions such as: How should money be allocated? What type of trust should I create? and Who should help with caregiving? All too often, these decisions are made in the face of family disagreement, difficulty, and geographical distance. The formalized yet fluid decision-making process of elder mediation helps individuals to make the necessary decisions to meet aging challenges. The specialty of Elder Mediation focuses on establishing quality elder care, minimizing family conflict, and increasing wise financial planning.
An elder mediator:
Elder mediation provides a safe place for respectful, civilized conversation and brings family members and professionals together to address the major life changes inherent in this the aging process.
For additional information regarding Family Decision Making Through Elder Mediation, call us at 908-232-7400 or click here to contact us online.