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You can do a "personal services contract", done by an elder care attorney, in which dad pays you for caregiving from his assets &/or income. The amount can depend on what his financial situation is, your community standards on caregiving and what your abilities and education are (so if you are a CPA you should get more than what someone with a GED would). Dad does a 1099 on you and you pay taxes and build SS retirement work points on this. Doing a legitimate contract is very important because if in the future Dad needs an increased level of care and needs to go into a NH and apply for Medicaid, the $ he pays you can be viewed as a gift and therefore a transfer penalty will be done in which there will be a period of time in which Medicaid will not pay for NH/LTC and you will have to private pay. This is not a do-it-yourself project, you need good legal advise.

If he was a vet, the VA has an aid & attendance program for paying caregivers.
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There are two great articles written by AgingCare.com editor’s that were already posted in our community. We thought this might answer your caregiving question.

LINK:
“10 Government Programs You Can Access for Your Elderly Parents.”
https://www.agingcare.com/articles/10-Government-Programs-Caregivers-Can-Access-for-Their-Elderly-Parents-120513.htm

and

“How Can I Get Paid for taking Care of My Elderly Parents?”
https://www.agingcare.com/articles/how-to-get-paid-for-being-a-caregiver-135476.htm

We hope this helps. Please let us know if you need anything else and we look forward to seeing more questions and discussions from you.

Karie H.
AgingCare.com Team
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