Search for an Eldercare Financial Planner by State or Zip Code

Eldercare Financial Planners (EFPs) can help any family, even those in seemingly impossible situations; develop an affordable financial plan so their loved one receives the care they need.  EFP perform the following:

Eldercare Financial Planners in Your Area

• Identify all financial and care options for which a family is eligible.
• Explain the relationships between options as the use of one resource can make a family ineligible for another.
• Develop a month-by-month plan with costs and resources that pay those costs.
• Maximize the use of public resources to preserve a family’s assets for future generations.

For families doing longer term planning, EFPs are able to minimize caregiving hardships and create a plan that allows a senior to reside in the geographic and residential location of their choosing.  Public benefits counselors from the Area Agencies on Aging may help for financial planning for long term care as well.  However, some AAAs are backed up with too many clients and others may only be knowledgeable about the benefits available to families through their specific AAA.  EFPs are able to the look across the spectrum of options and devise the best plan.

Qualifications
EFPs come from many background and have a variety of credentials, including: Estate Planners, Tax and Eldercare Attorneys, Certified Financial Planners, Chartered Financial Analysts and Consultants and Personal Financial Specialists. Some Geriatric Care Managers offer in-depth financial advice on how to pay for eldercare in addition to their care management services.