When it comes to eldercare, America is facing a disconnect between fantasy and fact. That’s the theme for the new book Eldercare Confidential: Cautionary Tales for Adult Caregivers and Caretakers of Parents and Spouses.
“We all have this idea of an eldercare Shangri-La, where our parents can live and have their every need taken care of,” said the book’s author, Chris Cooper. “We all think that this care home will be funded by the government and that we will be relieved of heart-wrenching caregiver decisions.”
Unfortunately, that place doesn’t exist, Cooper said.
“It’s the Shady Acres myth, and even if it did exist, most Americans couldn’t afford it since the government doesn’t generally cover expenses for long-term care.”
That leaves caretakers and caregivers with the decision-making for their loved ones. Eldercare Confidential was written for those caregivers and caretakers—the adult children and spouses thrust into the role of fiduciary—or steward—for loved ones. The decisions they have to make can be stressful—even debilitating, said Cooper.
“That’s why I wrote Eldercare Confidential. There’s no other book like it on the market. It outlines the six major issues confronting these caregivers and caretakers—what I call the Six-Headed Eldercare Beast.”
Those potential pitfalls range from money, medical and psychological mistakes, to social, environmental and legal mistakes.
Cooper knows how vital this information is from experience. As a professional fiduciary licensed with California, he works with seniors, disabled individuals and others who can’t manage their affairs on their own. He has seen the sometimes disastrous mistakes that people have made because they weren’t prepared for their new role of taking care of Mom and Dad.
“Forewarned is forearmed,” Cooper said. “I’ve given straight talk and practical guidance to navigate those challenges.”
Cooper said his entire career has been about advocating for those who can’t help themselves. In addition to being a professional fiduciary, he founded Eldercare Advocates, which provides geriatric care management and long-term-care consulting, as well as Chris Cooper & Company, an independent, fee-only Registered Advisory firm based in San Diego and Toledo. He is enrolled to represent clients before the IRS and in fair hearing processes before the Department of Health and Human Services at the state level.
“In short, I help people who really need someone to stand by them and support them. That has been my responsibility—and pleasure—my entire career,” he said. “I’m proud that I get to continue this mission with my new book.”
Chris Cooper is a professional fiduciary licensed with California and a national certified guardian with the Center for Guardianship Certification. As a professional fiduciary, Chris works with seniors, disabled individuals and others who can’t manage their affairs on their own. He is the founder of Eldercare Advocates, which provides geriatric care management and long-term-care consulting. Chris has established the fee-only financial planning firm Chris Cooper & Company in Toledo, Ohio, and San Diego. He regularly appears on both local and national news shows and is quoted in newspapers and magazines nationwide. For additional information, please visit his website at chriscooper.com.