What is a caregiver contract?

A caregiver contract, or personal care agreement, is a contract between a person providing care and the recipient of this care. It defines the terms of care and any compensation for its provision. The contract establishes expectations and is important to protect both parties.

Many families choose to personally care for ill or elderly loved ones. It is not uncommon for monetary assistance to be provided from state authorities, and the contract provides explanation of how funds are used. The contract helps determine the reduction of estate monies where inheritances are involved. The contract should be approached as a legal and binding agreement between both parties.