How to Pay for a Loved One’s Memory Care and Manage Their Finances

Memory care is a specific type of long-term care geared toward those with dementia, Alzheimer’s or other memory issues. It employs specially trained specialized individuals who are skilled in assisting those with memory issues, which is the major difference between this type of care and assisted living. Memory care isn’t cheap, and the high costs are prohibitive for some families. This guide can help you learn responsible ways to pay for it, the best payment methods and what shouldn’t be used at all.