Smart Ageing

Total 64 Posts

The Last “ism”

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Scotiatrust

This blog post was written by Hannah Zip, Estate and Trust Consultant, Scotiatrust Toronto People over the age of 65 accounted for 19% of the Canadian population in 2023, according to Statistics Canada. This diverse and growing group of individuals commonly encounters ageism, one of the remaining socially accepted “isms”. Ageism is defined by the World Health Organization (WHO) as discrimination against people due to negative, inaccurate stereotypes and prejudices….

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Elder Care, Elder Law, Estate Planning, Smart Ageing, Testamentary Capacity

Best Mother’s Day Gift? The Gift of Time and a Clear Conversation

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Adult daughter and her mother drinking tea and chatting

This week, many of us will be preparing for Mother’s Day and thinking about how we might honour our mothers or grandmothers and those who are a mothering figure. What do mothers consider the best present? Many will say that the best gift is the gift of time. Mothers with young children might yearn for quiet time and time alone, just for themselves. The paradox is that as we age,….

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Elder Management, Smart Ageing

Smart Ageing: Post-Retirement Planning to Avoid Costly Mistakes

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For the past five years, it has been my pleasure to address a local service club on the topic of Smart Ageing and discuss other topics proposed by the members. The members are retired professionals and businessmen with an average age of 80. The forty men present in person this year, plus those online, wanted to discuss the costly mistakes that could occur if appropriate personal care plans were not….

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Elder Management, Smart Ageing

Lifestyle Changes Bring Increased Risk to Older Clients

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Managing an elder’s journey late in life is not for the faint of heart. Ask a partner or family member – it is complicated, frustrating, rewarding, and exhausting at the same time. Given our rapidly aging population, we need to rethink our planning paradigm for older clients and actively shift to planning for a 100-year life. While a lifespan may be 100 years, people may find that their health span….

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Elder Management, Power of Attorney, Smart Ageing

Keeping Steady in Interesting Times

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a man kayaks in an ocean with some swells behind him

We live in interesting times. This phrase has been coming to mind all week after meeting with a family who is managing the care of their elderly father with advanced Alzheimer’s disease. They asked questions about managing his care and shared their other daily challenges. For example, like you, they have hectic family lives, demanding professional careers and feel the stress and unease that has come with threats to our….

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Caregiving, Elder Management, Smart Ageing

March 2025 Deadline: Veterans, Estates & Survivors May Qualify for Settlement

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Canadian veterans who were receiving disability pension benefits during the twenty years from 2003 to 2023 may be eligible for a class action settlement payment, which is non-taxable. However, it is possible that many survivors or families may be unaware of the settlement and do not know the steps to take to claim a settlement payment before the fast-approaching deadline of March 19, 2025. The Final Settlement Agreement (effective March….

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