For many people, the challenge of caring for an elderly family member is part of their daily lives. Family caregivers that have dedicated their time to taking care of an elderly loved one often have little time to take care of their own needs. In many cases, the sole family caregiver lives far away from other family members or friends who may be able to offer assistance.  As the number of elderly caregivers in America increases, so does the number of caregivers suffering from exhaustion, isolation, and depression.

After years of paying into the Social Security system, many Americans are surprised at how difficult it is to collect disability benefits in a time of need.  Though you have no choice but to pay into the system, the Social Security administration does have choice as to whether or not to pay your claim for disability benefits. To collect any benefits, you will have to meet a strict set of guidelines, proving that you are unable to work for more than a year or will face death because of a disability.

Unfortunately, many families worry about the high cost of nursing home care and are concerned about nursing home payment options. In many states, there are a variety of funding options available for those that need 24-hour care.  While the assistance that you receive is based on your specific situation, there are resources that you can seek out to help you find the money that you need.

Many people consider these nursing home payment options when looking for ways to pay for nursing home or skilled nursing care:

A supplemental needs trust is designed to provide benefits to, and protect the assets of, physically or mentally disabled people. A supplemental needs trust is set up for a disabled person with funds provided by a third party. These trusts still allow such persons to qualify for and receive governmental health care benefits, such as long-term nursing or home care benefits and Supplemental Security Disability.