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Video Resources Featuring Karen Henderson

When your parents can’t take care of themselves
A look at the basics of eldercare and how to pay for it

The financially well-prepared senior
A checklist of items that aging parents should discuss with their kids and a look at key documents to prepare

Having ‘The Talk’ […]

By |December 30th, 2012|Views|Comments Off on Video Resources Featuring Karen Henderson

My 99-year old aunt: Bed blocker or a senior deserving fair care?

In Canada, “bed blockers” – older people stuck in hospital, ready for discharge, lacking the home support or alternate accommodation they require – occupy 5,000 hospital beds and consume $200 million annually. They clog emergency departments and expand wait times for others. Also known […]

By |December 30th, 2011|Views|Comments Off on My 99-year old aunt: Bed blocker or a senior deserving fair care?

Your aging clients want home care: Will they be able to get it?

Home Care is “an array of services for people of all ages, provided in the home and community setting, that encompasses health promotion and teaching, curative intervention, end-of-life care, rehabilitation, support and maintenance, social adaptation and integration and support for the family caregiver.” (Canadian […]

By |May 30th, 2011|Views|Comments Off on Your aging clients want home care: Will they be able to get it?

How quickly can home care costs add up?

 

Annual Home Care Costs 2010-2011
Ontario
Saskatchewan
Nova Scotia

Nursing care – 2 hours / week
$5695
$3298
$4992

Personal care
(e.g. help with dressing, bathing) – 56 hours /week
$69,888
$59,136
$50,814

Homemaking
(meal preparation, laundry, housekeeping) – 17 hours/week
$20,332
$17,952
$15,426

Total home care costs
$95,915
$80,386
$71,232

24 Hour Live-in caregiver
(Minimum wage)
$89,790
$83,220
$84,534

Why am I writing about home care? Because you and your […]

By |April 30th, 2011|Views|Comments Off on How quickly can home care costs add up?

Canada has lost a champion for our aging citizens

Senator Sharon Carstairs has thrown in the towel. The former Leader of the Government in the Senate and Minister with Special Responsibility for Palliative Care, she has been a tireless advocate for palliative/end-of-life care for all Canadians for over 16 years but she can […]

By |April 30th, 2011|Views|Comments Off on Canada has lost a champion for our aging citizens

You can’t do it all – creating a network of senior care and service professionals

Seniors constitute the fastest growing population group in Canada; one in seven is a senior today. As the “baby boomers” (born between 1946 and 1965) age, the seniors population is expected to reach 6.7 million in 2021 and 9.2 million in 2041 (nearly one […]

By |September 30th, 2010|Views|Comments Off on You can’t do it all – creating a network of senior care and service professionals

Add value to your practice: Implement an advisor/client library

This is one of the best ways to increase your own knowledge and to provide resources for your clients. Consider setting aside a special bookcase in your office to house the books, magazines, pamphlets and other materials you collect – many of which are […]

By |September 30th, 2010|Views|Comments Off on Add value to your practice: Implement an advisor/client library

Autumn 2010 Views Customer Comment

Long Term Care Planning Network product purchased:
Critical Illness/Long Term Care Planner

Karen:

I have used the How to Care Binder, which I think you now call the Long Term Care Planner, several times. The most noteworthy was for my Mom. We realized after Dad was having […]

By |September 30th, 2010|Views|Comments Off on Autumn 2010 Views Customer Comment

Buying long term care insurance is a waste of money!!

“You have more than enough money to pay for long term care if you ever need it, so don’t waste your money buying long term care insurance!!”

That is the advice that many financial advisors, CPAs, attorneys, and insurance agents give to their clients.

So, is […]

By |May 30th, 2010|Views|Comments Off on Buying long term care insurance is a waste of money!!

Estate Planning Smarts

Regardless of your net worth, a good estate plan should accomplish these essential goals:

Caring for yourself by authorizing people to handle your affairs if you no longer can because of illness or disability
Specifying who gets what after you pass away
Providing for children who are […]

By |May 30th, 2010|Views|Comments Off on Estate Planning Smarts

Why Your Children Shouldn’t Be Your Long Term Care Plan

Here are three frequent responses when the issue of long-term care planning comes up:

It won’t happen to me (Get me that crystal ball and I’ll use it to pick stocks too!)
I don’t want to think about it (Who does? But statistically it probably will […]

By |February 3rd, 2010|Views|Comments Off on Why Your Children Shouldn’t Be Your Long Term Care Plan

Building trust: Communication and education

In a research study conducted in August 2009, LIMRA found that education and communication are two key elements when it comes to client satisfaction with financial advisors.

A lack of communication was cited by 35% as a key reason for client dissatisfaction, while only 12% […]

By |February 2nd, 2010|Views|Comments Off on Building trust: Communication and education