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Caregivers love to help people. It is a good feeling to comfort and give aid to someone in need. This support can also take its toll. There is a great responsibility and at times a burden that is felt in the caregiver role. It is important to find a way to express and channel the frustration that naturally occurs in helping relationships over time.
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Providing invaluable personal care and support are some of the tasks that make your duty as a caregiver essential. However, unexpected events, like COVID-19, could result in the sudden death of your patient/parent, leaving some vital information and paperwork unfinished.
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Whether your older loved one is looking into opportunities to downsize, or intends to stay in their current home while refinancing or making modifications, the right loan can help them make their housing goals both affordable and sustainable. Reverse mortgages are one avenue you and your loved one may want to consider when looking at potential loan options.
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