seniors

Aging in Place

October 21st  @ 6:00 pm – 7:30 pm

South Health Campus

4448 Front St SE

Wellness Class Room 180006  

Call 403-243-9901 to register as space is limited

“Aging in Place” means having access to various services and the health and social supports you need to live safely and independently in your home for as long as you wish or are able. Aging well involves being honest with yourself and having a plan. Most Canadians want to remain in their own homes for as long as possible.

This workshop is designed to get you thinking about all 9 areas of life to consider when Aging in Place. Start to draft a plan to age well.

Register thru Eventbrite www.eventbrite.com/e/aging-in-place-tickets-63259867968

Or call Jill Chambers with Aging in Place Supports at 403 472 6445.

Power of Attorney and Personal Directive for Seniors

Why are Power of Attorney and Personal Directive so Important for Seniors?

Bring up talk about legal documents and many people’s eyes begin to glaze over, especially if you’re a family caregiver. After all, you have enough to do caring for your senior loved one without worrying about complicated legal issues and paperwork, right? However, two legal documents can potentially be important in the life of family caregivers and the seniors for whom they care: Personal Directive and Power of Attorney.

Generally, a Power of Attorney “POA” is a legal document that gives an individual the power to act on another person’s behalf. In other words, having this document in place could give the older adult in your life the confidence in knowing that choices about their financial life would not be left in the hands of a stranger if they no longer could make decisions for themselves. A POA allows adults over the age of 18 to designate another adult to manage their financial affairs if, because of health issues, they couldn’t.

More specifically, an enduring POA is one that can stay in effect even when the individual can no longer make decisions on their own or loses capacity because of a physical, mental, or cognitive condition.

So why go through the hassle of putting these legal documents in place? Not doing so can creates a risk. For instance, if something happens to your loved one who does not have an enduring power of attorney, you may have to go to court to get the authority to handle that person’s financial affairs and that can take weeks to months.

  • POAs have the ability to give seniors who have them in place greater control over their lives. For example, if you were your mother’s POA and she could no longer handle her business affairs, you would have the authority to pay bills, manage her daily business dealings, manage property, file taxes and apply for public benefits such as CPP or GIS.

A Personal Directive is a “medical” power of attorney legal document.  In general, a Personal Directive makes one individual a healthcare Agent for another. Depending on the situation, this can allow the Agent to do, for example, the following:

  • Direct the medical care that someone needs. For instance, if your father was ill or needed surgery and you were his healthcare Agent, you could work with medical professionals to determine the type of care he receives, the doctors and care providers who treat him, and even where he lives while he recovers.

There are certain things POAs cannot do:

  • Change someone’s will
  • Make decisions after their death (unless, for example, the POA is also the executor of the will)
  • Change or transfer POA to someone else

Remember, it’s important for you to obtain such documents as well. All adults 18 and over need these documents to help ensure their wishes are carried out if they are no longer able to make decisions for themselves.  A terrific graduation present for those young adults in your life.

Posted by Admin-FCI in Seniors Health and Wellness, 0 comments

Top Concerns About Living a Long Life

51%    Health problems/costs

47%    Financial security/fear of running out of money

40%    Being a burden on family

20%    Loneliness or having no purpose

14%    Having nothing left to leave to heirs

13%    Being a victim of abuse, neglect or fraud

2%      Other

Source: BMO Wealth Management survey by ValidateIt Technologies Inc., July 2018.

Overall, the most frequently cited concern was about future healthcare costs and whether health problems will affect quality of life (51%).

Fears about running out of money during retirement (47%) and being a burden on family members (40%) also came high on the list.

Being lonely later in life was a concern for 20% of respondents, and not having anything left to leave to heirs was mentioned by 14% of those surveyed.

A similar number (13% of respondents) worried about becoming a victim of abuse, neglect or fraud.

Financial Concierge Inc. can help mitigate the risks of financial abuse and fraud through assistance with day to day money management as a second set of eyes.

Posted by Admin-FCI in Seniors Health and Wellness, 0 comments

Dementia, Alberta’s Position

For every person who is diagnosed with dementia, 10 to 12 additional individuals are also directly affected by the diagnosis.

The lifetime risk of dementia is 1 in 5 for women and 1 in 10 for men. More than 17,000 Calgarians (about 10% of our seniors) live with dementia and 8 more will develop it today (2,800 this year).  In addition, there are thousands of people living with undiagnosed dementia. Even more concerning is the fact that these numbers are expected to double within the next 20 years. As a growing social and systemic issue, dementia has the potential to overwhelm families, communities, workforces and our healthcare systems in Calgary.

dementia network calgary

Posted by Admin-FCI in Seniors Health and Wellness, 0 comments