It’s counter-intuitive, but true for many people. Hiring a GCM either for a one-time assessment or for ongoing support is likely to lower your expenses in the long run by helping you plan ahead and avoid hasty decisions that might prove unnecessary or overly expensive.
If you care for a loved one at home, for example, a GCM can help you decide which home care services may be necessary, and help you supervise that care. A GCM may help with financial planning for future care, working as a liaison with a person’s power of attorney, elder law attorney and financial planner, perhaps helping caregivers avoid costly mistakes (such as I made when applying for Medicaid for Mom). GCMs should also be able to give you information about entitlement programs and benefits for veterans.