As many of you know the Disability Tax Credit (DTC) is a credit to income tax otherwise payable, available for those with a severe or prolonged impairment. It is meant to provide some relief from the additional costs and expenses incurred associated with the impairment. I have written in the…
Tag: Caregiving
Total 31 Posts
It is hard to focus on anything outside of the current state of affairs and mounting challenges as a result of Covid. Everyone’s lives are impacted at some level, so today’s blog discusses a few elder care concerns I am seeing. Most recently I have read that the Ontario government is…
January was Alzheimers’ Awareness Month and on January 30th, we also recognized and raised awareness for Young Caregivers. Many young carers, defined by Stats Canada as young people between the ages of 15-24, are helping their family members who are living with dementia. There are many carers who are much…
Qualifying for support under various government disability programs in the form of cash payments or benefits often means that a recipient must have income and assets below a certain level. Without careful planning an intended inheritance may unintentionally serve to cut off a beneficiary’s government support. A Henson Trust allows…
Starting our second week after Labour Day, means our children are getting back into their routines. For some it is school sports, hanging with friends or extra school activities but for many, it might mean a shift in their caregiving duties and less time for themselves. It is therefore fitting…
Honour thy mother and thy father- a familiar refrain that we learnt as part of the Ten Commandments. Growing up in the 60’s and 70’s, this really was not something we had a choice in- it was expected. Many boomer caregivers today feel this continued expectation when it comes to…
Many of us like to take summer holidays and for caregivers, this brings some extra things to consider. Should you decide to vacation with your older parent, there are some pre planning tips that can make this journey more enjoyable for both of you. Firstly, know what type of holiday…
Like many of you I was watching Saturday’s victory by our Toronto Raptors. It is therefore completely understandable that you would not have known that the 15th episode of FinanceIsPersonal aired that same evening. Elizabeth Naumovski, CM interviews Canadian women who have important messages to share as it relates to…
Most people keep their cash in bank accounts. However, to my surprise, some people still don’t, and for estate planning and administration purposes, this can be a real problem. Take the case of Temple v. Peddle, 2019 NLCA 2 in Newfoundland Labrador. Mrs. Peddle kept cash in a safe deposit…
Last week I had the pleasure of presenting to a group of caregivers from the Alzheimers Society Kingston Frontenac & Addington chapter. One thing that everyone in the group had in common was that they were all loving someone who had a diagnosis of dementia. Just to refresh terminology, “dementia…