A care agreement is a formal agreement between two parties. One party is providing services. The other party is hiring said individual to provide said services. A care agreement
• must be a formal contract between parties;
• must name the parties involved in the care agreement.
• must outline service and duty terms.
• must outline payment terms.
• must outline breach of contract terms.
• must outline termination of contract terms.
• must outline length of time the contract is valid/active.
• must allow for mutual amendments or changes to contract.
• must be signed and dated by all parties (parent(s) and family member(s)).
Estate Planning Lessons from John B.
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