A negative inheritance is a net loss of assets arising from the cost of caring for elderly members of one’s family. The cost of care is increasing rapidly, but that is simply a measure of the time and labor intensive nature of caring for the elderly. For some families, particularly those most devoted to the care of their aging parents, the time and expense of caring for oldest generation will outstrip the assets that are passed to the caregivers.
Archive for the 'Selecting an Assisted Living Center' Category
Negative Inheritance?
Posted by Jerrold Bartholomew on March 5, 2008
Posted in Selecting an Assisted Living Center, Transition to Nursing Home / Medicaid | Tagged: Care Giver Stress, Cost of Long Term Care, Inheritance, long term care | 1 Comment »
