Seniors Health and Wellness

A Client Story – Elderly Man with Mobility Issues

A Client Story – Elderly Man with Mobility Issues

A Client Story

“Henry” is fortunate to have 4 adult children in his life. His wife pre-deceased him 2 years ago. One daughter lives out of province. In order to be equitable, Henry has listed Mary and Terry as joint Agents for his Personal Directive; Terry and Perry a joint Powers of Attorney; and Perry and Mary as joint Executors. Sounds good? Not really. None of the four siblings get along particularly well each having a variety of challenges in their personal lives from physical, to emotional, to financial. As a result, nothing is attended to in a timely manner.

Henry lives on his own with 24 hour in-home care related to mobility challenges. Assistance is required in organizing all aspects of his life from healthcare to personal care to finances.

We have stepped in to assist with everything so that the family can focus on their own challenges and just enjoy spending social time with Henry.

“Financial Concierge has been a god send for us! We were drowning and chasing our tails before you stepped in to help!”

Do you need help with your finances or other day-to-day challenges? Book a Consultation with us to see if we would be a good fit!

Posted by Jill Chambers in Money Management, Newsletter, Seniors Health and Wellness
AB Gov’t Coverage for Seniors Update & A Client Story

AB Gov’t Coverage for Seniors Update & A Client Story

In case you missed it…

The Government of Alberta is changing the eligibility criteria for Coverage for Seniors. Effective March 1, 2020, family members younger than 65 will no longer be covered by Coverage for Seniors. Albertans 65 years of age and older will continue to be eligible for Coverage for Seniors. If you have questions, contact the AHCIP office. For further information on the Coverage for Seniors program please visit the Alberta Health website.

Client Story

“Iris” is divorced and in her late 60’s with a chronic neurodegenerative disorder. She lives on a pension from her working years, owns her home and has no debt. Her son and daughter-in-law reside in the same city, are in their 40’s and both work full time. Despite giving her son $400,000 as an early inheritance, he has been back to borrow money. Her social worker contacted the local police authority when he refused to adhere to a re-payment schedule. A portion of the loan has been recovered and now neither son or daughter-in-law will communicate with her.

“Iris” is embarrassed, hurt and confused. She contacted Financial Concierge to be on her Care Team, as she calls us. We have been appointed as Agent for her Personal Directive; Enduring Power of Attorney and Executor. According to “Iris”, “I am overwhelmed by your support and how much stress this takes off me.”

Our client say, “I am overwhelmed by your support and how much stress this takes off me.”

Financial abuse of older adults is the most common form of abuse representing 62.5% of reported cases. NOTE: Only 1 in 5 cases of abuse are reported.* [Source: Statistics Canada and the National Institute on Ageing.]

Do you suspect someone you know is being abused financially? If so, book a consultation with us.

Posted by Jill Chambers in Financial Abuse, Newsletter, Seniors Health and Wellness
Health experts call for shift in COVID strategy, say current track is ‘a fool’s errand’

Health experts call for shift in COVID strategy, say current track is ‘a fool’s errand’

Article by Cormac Mac Sweeney and Hana Mae Nassar and originally posted here in CityNews 1130 (July 9, 2020)

COVID-19 virus

This undated electron microscope image made available by the U.S. National Institutes of Health in February 2020 shows the virus that causes COVID-19. The sample was isolated from a patient in the U.S. THE CANADIAN PRESS/NIAID-RML via AP

OTTAWA – A group of 18 prominent health experts in Canada, including the two previous chief public health officers of Canada, is calling on the federal and provincial governments to change their strategies during the COVID-19 pandemic.

The group is calling for an end to attempts to eliminate the coronavirus, instead advocating for an approach where Canadians would learn to live with it.

“It’s a fool’s errand,” Dr. Neil Rau, an infectious disease specialist with the University of Toronto, says. “We’re not going to win with that strategy.”

Rau argues business closures, mandatory masks, and complete border closures are doing more harm than good for employment and the wellbeing of our society, and adds these things disproportionately affect low income and racialized Canadians.

“Poverty has huge health impacts on people. Health is wealth, wealth is health,” Rau says.

He says trying to stamp out COVID-19 will not work and we need to accept that the coronavirus is with us at least until a vaccine is developed.

Rau joins other experts in calling on governments to further relax lockdown measures and not return to the Phase 1-style restrictions we saw in the spring, even if there is a second wave.

“We strongly believe that population health and equity are important considerations that must be applied to future decisions regarding pandemic management,” the open letter, dated July 6, reads.

“Canada must work to minimize the impact of COVID-19 by using measures that are practical, effective and compatible with our values and sense of social justice,” the letter adds. “We need to focus on preventing deaths and serious illness by protecting the vulnerable while enabling society to function and thrive.”

The experts are also concerned about the development of children and are calling on the federal government to create a national strategy to reopen schools in the fall across the country.

They note Canada needs to “improve infection prevention and control in long-term care and congregate living settings,” while also providing support for those who choose to isolate “when the disease is active.”

Support should also be provided to people “who have been adversely affected by COVID-19, or the consequences of the public health measures,” the letter adds.

“Canadians have developed a fear of COVID-19,” the experts write. “Going forward, they have to be supported in understanding their true level of risk, and learning how to deal with this disease, while getting on with their lives – back to work, back to school, and back to healthy lives and vibrant, active communities across this country.”

Jill at Financial Concierge’s comment:  It took more than 200 years and a worldwide vaccination program to smallpox.  Let’s get back to living and working!

Posted by Jill Chambers in Seniors Health and Wellness, 1 comment

The Restaurant of Mistaken Orders

People with dementia are still capable with guidance, supervision and acceptance.


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

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