Found an issue on this page? Let us know and we will look into it as soon as possible.
Are elder parent caretakers compensated in the state of North Carolina?
Anonymous2 views3 answers
I have become the caretaker of an retired elderly parent. they are partially disabled due to osteoporosis. I make sure they take their meds, ensure they are being fed, as well as pay the bills such as utilities, home upkeep, etc. Are care takers compensated by a governing agency here in North Carolina, or by other means? Is not a veteran, but a former employee of the workforce. I do use their funds to handle the household business.
No, NC does not compensate children who care for their parents. However, a contract specially constructed will allow your parents to compensate you. Such contracts are called care agreements and if properly set up, the payments your parents make will not be counted against them if they later qualify for Medicaid. When you are employed under such a contract it is important to track, file and pay all employment taxes. Please see a skilled elder law lawyer.
A consultation with an experienced local Elder Law attorney would likely be very helpful with exploring all of the relevant facts and helping determine whether to execute a compensated care plan. To comply with Medicaid regulations, which could become necessary now or into the future, you will most likely need help from a lawyer fully familiar with NC Medicaid and several pitfalls that often catch people who try to do this without professional assistance. It is extremely important to be aware of the tax issues that arise in these situations as well. You can find an experienced local Elder Law attorney by using the "find a lawyer" tab here on .
