Temporary or intermittent care for individuals with functional or cognitive impairments that provides relief to caregivers from the demands of ongoing care. This care can be provided in the home, in the assisted living community or residential care home.
More Common Terms
- Estate Planning Refers to the process of planning for what will happen to an individual's assets in the event of his/her death. This generally requires an attorney's involvement.
- Reverse Mortgage A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.
- Disability Insurance A type of insurance coverage that compensates some percentage of a worker's total wages should they become sick and/or injured and therefore unable to work.