Senior Home Care: How Financial Professionals can Advise Clients
State of senior home care Senior home care is a hot topic these days with aging Baby Boomers and the challenges of finding appropriate care for loved ones. More and
Knowledge Center Category: Financial Professionals
How Do You Manage Trustee Risks with Private Caregivers?
As a trustee, do you manage or issue payroll to a beneficiary’s caregiver? This type of employment situation requires that you understand and recognize the importance of legal and
Emergency Nanny Income During a Pandemic
19 March 2020 Summary Over the last several days, attempts to contain and slow the spread of the novel coronavirus have severely disrupted everyday life in the USA. Worries are
Emergency Nanny Income During a Pandemic (Old – Redirected)
17 March 2020 Summary Over the last several days, attempts to contain and slow the spread of the novel coronavirus are severely disrupting everyday life in the USA. Worries are
Senior Care and Nanny Misclassification Enforcement Steps Up
The US Department of Labor’s Administrator of the Wage and Hour Division, David Weil, clearly stated on July 15, 2015 that most workers are considered employees under the Fair Labor
Is it legal for a nanny to be employed by a family office?
What is a family office? The first step to understanding the difference between being employed by a family and family office employment is to understand the purpose of a family
About Household Employee Workers’ Compensation Insurance
Household employee workers’ compensation insurance protects the caregiver and the employer from the expenses and liabilities associated with a work-related accident. A single accident can leave the household employer liable
Senior Independence – Why Hire a Geriatric Care Manager?
The Geriatric Care Manager (GCM) is a care coordinator, educated and experienced in any of several fields related to senior care management, including, but not limited to nursing, gerontology, social
4 Common Errors: The Nanny or Senior Caregiver Compensation Offer
You have a new baby in the house, you are not sleeping well, and you need to line up a great nanny before you return to work. Or mom is