The loss of a parent can be hard on anyone, but numerous New York residents expect to face this situation at some point. What many people do not consider enough, however, are the difficulties adult children can face when they must care for their aging and ailing parents. If the parents have not done their part to create an estate plan that addresses long-term care needs, their children could end up struggling in a number of ways.

It was recently reported that more individuals who are 65 or older are not only at risk of suffering from incapacitation themselves, but they also face the chance of ending up in situations where they must care for an ailing parent. In fact, 10 percent of adults in the age range of 60 to 69 care for a living parent. Additionally, 12 percent of adults 70 or older are also in this type of situation.

While children may feel a sense of obligation to care for their parents, the role of caregiver can easily take its toll on older adult children physically, mentally and financially. Even if these caregivers feel that it may be best to receive outside help or utilize a nursing home, they may not be able to reasonably afford the care. Many people have not planned for this type of scenario and often end up struggling as a result.

Planning ahead can be beneficial in numerous ways. Before parents reach the point of needing care, adult children may want to ask whether an estate plan or long-term care plan has been created. If not, it may be wise to encourage parents to consider planning options in hopes of setting up instructions for care, setting aside funds for addressing expenses or even spending down in hopes of qualifying for Medicaid. Fortunately, experienced New York attorneys can provide reliable assistance along the way.