![]() Having a legal, binding agreement can prevent misunderstandings and aid in resolving conflicts. The Caregiver Contract can prevent family disagreements, as the contract will lay out expectations, pay rate, how the payment will be made and details for the dissolution of the contract. The family caregiver should be treated as an employee with a formal agreement. ![]() If a family member is going to become a paid caregiver, this relationship should include a well thought out Caregiver Contract. Receiving pay for the time spent caring for a loved one can reduce financial and psychological stressors on the family caregiver. With only 24-hours in a day, many family caregivers feel stretched thin between work, family and caregiving responsibilities. This could be detrimental to the caregiver’s financial or psychological well-being. When a family member spends time caring for a loved one, he/she loses an opportunity to earn a wage or to pursue personal interests. It is likely that you are one of these caregivers. This care is worth about $375 billion, and many caregivers are sacrificing wages and financial security to help their loved ones. We know that over 44 million people provide unpaid care to family members and friends to help them deal with a chronic or debilitating illness. ![]()
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