The Money Scripts of Paying a Child for In-home Healthcare

in-home care

With people living longer, I’ve noticed that my older clients, who are particularly aware of their declining physical capacities, are increasingly open to the idea of receiving in-home health care, can be expensive, and many seniors may struggle to afford all the in-home care they really need. One potential solution for seniors who require in-home care but can’t afford professional caregivers is to compensate a child or another family member for providing the necessary assistance. However, this often comes with a land-mine of money scripts.

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The Money Scripts of Paying a Child for In-home Healthcare

About Rick Kahler:

Rick Kahler, MSFP, CFP ® , CFT-1™, CeFT ® , Certified Internal Family Systems℠ Practitioner, president of Kahler Financial Group, is a lifelong resident of Rapid City, SD. He began his professional career in 1973 selling and appraising real estate He founded Kahler Financial Group in 1981. He became the first fee-only Certified Financial Planner™ (CFP ® ) in South Dakota in 1983. In 2020 he became one of the first Certified Financial Therapist-Level I (CFT-I™,) in the nation.

His firm, specializes in the integration of investment advising, financial planning, financial coaching, and financial therapy, serving small business and real estate owners, professionals, and retirees, as well as individuals and families.

He served on and chaired the South Dakota Investment Council and served in leadership capacities with the Financial Planning Association and the National Association of Financial Planning Advisors. Kahler is also a nationally renowned speaker and educator. In 2003, National American University recognized Mr. Kahler with the Alumni Distinguished Service Award.

Interested in working with Rick Kahler, MSFP, CFP®, CFT-1™, CeFT®, Certified Internal Family Systems℠ Practitioner? Please go to our website, Book a Financial Therapist Appointment and fill out a request for a 30-minute free consultation.

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