Elder Management

Total 82 Posts

Elder Care Gaps In Divorce And Blended Families

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5 or 6 couples in their 30s and 40s posing for a photo in the forest

Elder care gaps occur as family structures change, and there may be unanticipated and challenging consequences. For parents who have long divorced, those who have remarried, and those with blended families, this may mean that adult children are now dealing with three or more parents and stepparents. As the caregiver burden increases, blended families become more complex, and the potential for conflict increases. Impacts of Divorce and Blended Families on….

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Caregiving, Elder Care, Elder Management, Power of Attorney, Smart Ageing

Update on Dementia Epidemic: Incidence, Prevention, and Care

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Cartoon of a big white brain behind an older adult walking with a cane to represent dementia.

Cases of dementia are rising at an alarming rate, creating a public health crisis. At some point, most of us will either know someone living with dementia or someone who is caring for a person with the disease. As advisors, we must become proactive and purposeful by learning about dementia and its impact on clients. So, here are the latest research updates on the incidence, prevention, and care of dementia…..

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Capacity Law, Elder Care, Elder Law, Elder Management

Retirement Home Options – Choose Carefully to Avoid Costly Errors

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Cheerful seniors having fun while taking selfie at retirement community. stock photo

People are living longer, so we need to consider that they may not be able to live at home alone because of poor mobility or diminished capacity. So, planning where one wants to live should be at the core of one’s lifestyle plan. Families often suggest retirement home living when a person needs increasing assistance making meals, housekeeping, and looking after their day-to-day needs. It is crucial to choose suitable….

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Elder Management, Smart Ageing

Smart Ageing: Lessons from the Business World

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Woman wearing glasses at home concentrating as she works on a laptop. Middle-aged woman working from home on laptop. Portrait of executive mature woman typing on laptop while working at home. photo – Working Image on Unsplash

Ageing is a hot topic in the news this summer as the US presidential campaign ramps up. Our family was in town for the Fourth of July holiday, and invariably, the conversation turned to aging, working, and when to retire. With people living longer and in good health, many people will choose to continue working. How do we plan for smart ageing, and what lessons can we apply from the….

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Elder Management, Estate Planning, Smart Ageing

Insights into Resolving Care Disputes – POAs for Personal Care – Part 3

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On June 20, 2024, I attended the annual Ontario Bar Association’s Elder Law Day, where several informative presentations noted the rise in personal care disputes. Speakers also explored approaches that lawyers might consider to manage these disputes. The presentations triggered me to write about common issues we see related to the Power of Attorneys for Care. I also offer considerations to help lawyers and advisors deal with personal care disputes…..

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Caregiving, Elder Care, Elder Management, Family Conflict, Power of Attorney

Insights into Resolving Care Disputes for High-Net-Worth Families – Part 2

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There are three truisms behind care disputes. Every caregiving situation is unique. Conflicts arise when making difficult care decisions. There is no one care solution or dispute resolution that suits all cases. To complicate matters further, the cost of care can easily escalate, and privatization of health care is expanding. So, it is not surprising that people with financial resources are increasingly turning to private management for customized care solutions…..

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Caregiving, Elder Care, Elder Management, Smart Ageing
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