All About Estates

Tag: seniors

Total 22 Posts

Grey area: The fragile frontier of dementia, intimacy and sexual consent

Originally posted for allaboutestates.ca Grey area: The fragile frontier of dementia, intimacy and sexual consent was the Saturday July 14, 2018 front page headline in the Globe and Mail. Seniors and sexuality finally makes the front page of a national newspaper. However It is much more than that and the…

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RRSP’s and Early Withdrawals.

Registered retirement savings plans (RRSP’s), introduced in 1965 by the way, are a great vehicle for retirement savings and a keystone found in most retirement and estate plans. It is one of the few ways to earn an income-tax reduction in your earning years (the amount you contribute is tax…

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Do You Have a BFF?

As Carol King so aptly wrote in 1971 “when you are down and troubled and need a helping hand…( sing along here as I am sure you know the lyrics)…you’ve got a friend, …ain’t it good to know you’ve got a friend”? Everybody needs a friend, regardless of age and…

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Canada Pension Plan Survivor Benefits

It’s no surprise that when one spouse dies there may be a sharp decline in household income suggesting some time is spent planning for the change.  A recent article (http://www.advisor.ca/tax/tax-news/shedding-light-on-the-cpp-survivor-benefit-241094?email=yes) shed light on the CPP survivor benefit that is both interesting and worthy of note. A survivor for purposes of…

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Elder Orphans

You may already be familiar with the terms. It refers to older individuals who do not have any family to provide care for them. They have either outlived their family or are estranged from them. With our aging demographics we are working with many single women who do not have…

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Principal residence exemption – renting to a child

The Canada Revenue Agency (CRA) was asked if a taxpayer’s property designated as his “principal residence” but rented and lived in by his son continued to qualify as his “principal residence” for the purpose of claiming a principal residence exemption to shelter a gain from personal tax.

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There is no place like home.

Dorothy was correct, there is no place like home…. and sometimes the powers that be (a strong advocate, a support team and the courts) can get you back there.

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How Many Social Workers Do You Know?

Did you know that the services provided by a registered social worker are often covered by extended health care plans? This means we can provide a receipt for our services which may be reimbursed by your carrier.

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Strengthening Caregiving in Challenging Times

In our current economic climate cutbacks for supportive care for seniors is seeing increased responsibilities being shifted onto family members and “informal caregivers”. The term “formal” care providers refers to persons who are financially remunerated to care for a person. This can include professionals such as doctors, nurses, social workers, support workers, case managers, speech language pathologists, physical therapists and occupational therapists.

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Compassionate Care Benefits- Update

Effective January 3rd, 2016, the Government of Canada announced an increase in the duration of the Employment Insurance (EI) compassionate care benefit which allows claimants to collect up to 26 weeks of benefits, up from the current six weeks, for the care of a family member with a serious medical condition with a significant risk of death.

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