By John Jordan, Lawyer, Crease Harman LLP The challenges faced by many senior citizens today to secure adequate financial resources in their retirement years are growing. This is likely due, in part, to living longer lives and, in part, to the increasing cost of health care. Almost all of today’s seniors receive income from Canada’s […]
Legal and Financial
Webinar: Personal Planning through Storytelling – July 17, 2024
Discover the power of personal planning in our free webinar on July 17th from 10am – 11am. Presented by Nidus and hosted by Family Caregivers of British Columbia, the webinar will feature the online launch of two Accessibility Project videos. These videos showcase personal stories from individuals across BC, emphasizing the importance and practicality of […]
What’s in Your Estate Bucket?
Written by Amy-Alexandra Jaworsky, a Victoria-based lawyer practicing in the areas of wills, probate, residential real estate, and corporate matters Legaleseis language used by lawyers and in legal documents that ordinary people find difficult to understand. Sad, but often true. For many lawyers, legalese creeps into their vocabulary during law school and continues throughout their […]
Legal Segment: Representation Agreement Section 7 | Navigating Your Care Recipient’s Rights
By Amy-Alexandra Jaworsky Any adult who is mentally capable can authorize a trusted person to deal with their financial and legal matters by signing a Power of Attorney. That adult can also authorize a trusted person to act on their behalf in relation to health and personal care matters by signing a Section 9 Representation […]
Facebook Live: Financial Resources for Caregivers
In this Facebook Live, Victoria Lougheed examines some of the challenges caregivers face in terms of hidden costs and unexpected financial impacts. The following financial information and resources may also be helpful to caregivers: Webinar: Tax Information and Financial Resources for Caregivers (2022) Handout: Overview of General Financial Resources, Tax Benefits and Credits for Caregivers […]
Watch our latest Webinar Recording: Tax Information and Financial Resources for Caregivers
Our latest webinar, Tax Information and Financial Resources for Caregivers, is now posted online! If you missed this live webinar, you can watch the recording at a time that suits you. We know that caregiving comes with many associated financial costs. These can include medical expenses, renovation costs, loss of income, and more. It can […]
What You Need to Know About Power of Attorney
By Amy-Alexandra Jaworsky Power of Attorney Notice required! If you change or revoke your enduring power of attorney, you must give written notice to the persons you appointed as your attorney(s) for the change or revocation to be effective. POA terminated! If a person becomes a “patient” under the Patients Property Act (for example, if […]
Being a Personal Representative When Someone Passes Away
Written by Amy-Alexandra Jaworsky, Victoria lawyer So, you have been asked to act as an executor or perhaps someone has passed away without appointing one and you have been asked to take on the responsibility of administering their estate.When a person appoints a personal representative to act for them in their Will, they are referred […]
Part 2: Understanding Committeeship: What Do You Do If You Have a Family Member in Care and Need to Make Decisions for Him or Her?
Written by Cassandra Drake Committees must keep detailed records of all the assets, liabilities, and money coming in and going out of the person’s estate. They must give periodic reports, referred to as accounts, to the Public Guardian and Trustee. A committee of person is responsible for making medical decisions for the person and deciding where and […]
Part 1: Understanding Committeeship: What Do You Do If You Have a Family Member in Care and Need to Make Decisions for Him or Her?
Written by Cassandra Drake It is a situation that many people are faced with, but most do not know what their options are. If your loved one had the opportunity to do their estate planning, he or she may have an enduring power of attorney, which can be used even after a person is no […]