Elder Management

Recently in the news, you may have read about an older couple in Brantford, Ontario, who were scammed out of more than $ 1 million over 5 months. And another incident in Victoria, where a man was scammed out of his life savings of almost $ 1.7 million over 6 months. How does this happen, and what can advisors and families do to address the fraud epidemic? Fraud losses in….

When planning ahead, most older people will say they want to stay in their own home until the end of life. While this may be their goal, the reality is that care needs can escalate rapidly and become more complex, requiring specialized caregivers. Depending on the resources available to pay for caregivers, the breakpoint for decision-making is often twofold: the ability to manage multiple service providers in the home and….

This year, our summer weather has extended well beyond its normal time. The roses in the garden are blooming for a third time and with October here, pumpkin spice flavoring is everywhere. It’s time to celebrate the harvest and get ready for Thanksgiving. As you gather with family and friends, it’s a perfect time to start the longevity planning conversation with older family members, and then actively listen to what….

Transitions are not easy for anyone at any age. Reading the Saturday paper today, there were several articles on getting teens ready for campus life as they go off to university or college in a few weeks. Having experienced this in our own family, I scanned the articles based on interviews with “experts.” As I read, two things came to mind: no two teens experience college life the same way….