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Can I Be Paid To Be A Family Caregiver

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Can I Get Paid to Be a Family Caregiver?

Millions of people are in the role of a part or full time caregiver in the U.S to family members who have a serious illness or disability. This a a very challenging and demanding role that needs to be recognized and appreciated.

The National Family Caregivers Association started celebrating the family caregiver role in November 1994 to raise awareness. President Clinton signed the first proclamation in 1994 in appreciation of family caregivers. Regardless of party affiliation, every President since then has also signed one.

Can Family Caregivers Be Paid?

Full-time caregivers often ask if they can get paid to take care of a loved one. Receiving compensation for taking care of a loved one depends …show more content…

Furthermore, the states that do offer pay don't do so on a consistent basis.

How Can I Be Paid as a Caregiver?

It is increasingly popular for the loved one being taken care of to pay the caregiver directly. If you chose this option be sure you have a caregiver contract, which will show the caregiver is not getting a monetary give but is being paid for a service. The Medicaid program can disqualify a caregiver if there has been a history of cash gifts. As the caregiver you also need to pay taxes on the earnings and the loved one must list the payment on their tax returns.

Also take a close look at the long-term care insurance policy of your loved one. There are plan that pay cash to the policyholder to spend on caregiving help monthly. But these policies are very expensive and not very common, so if your loved one has one, take advantage of it.

If you don't qualify for direct financial assistance, you might be able to claim your loved one as a dependent on your tax returns. They don't have to physically live in the same house as long as you provide more than 50% of their basic living

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