Drafting care contracts between elderly people in need of care and their relatives (so-called intergenerational contracts)
Many older people are dependent on care from a third party due to their age or health. Fortunately, one of the children often steps in and takes care of the father or mother in need of care, for example with the help of an outpatient care service. In many cases, this can postpone or even completely avoid an unwanted stay in a nursing or retirement home. Depending on the degree of care required, caring for and looking after elderly people takes up a considerable amount of time and energy. It may determine the entire daily routine of the caring child for months and years. In these cases, there is often a desire - especially on the part of the parents - to remunerate the child's work and to at least partially compensate for the child's efforts (also in relation to children who do not provide care). This wish can be implemented through written care agreements between parents and children (so-called intergenerational contracts). The contracts, which are tailored to the circumstances of the individual case, document the extent of the need for care and regulate the amount of the care allowance to be paid for this. They also stipulate when the compensation is to be paid (often only after the death of the person in need of care).