Shared Resources

From Ed Arbuckle, Personal Wealth Strategies.

Excerpt:

This Assessment has been prepared for completion by a special needs individual or caregiver in advance of our first meeting to consider financial options. It will reduce our time and move discussions and solutions along more quickly.

Download a PDF copy of the Assessment Form

The following excerpt is taken from the Canadian MoneySaver Newsletter written by Ed Arbuckle.

Financial Planning for a Special Needs Person

Many families are confronted with the daunting task of assisting a family member having special needs with the cost of living. A special needs person is someone with significant disabilities because of a mental or physical impairment that will continue. Consequently, the person is substantially restricted in his or her daily living to attend to personal care, function in the community or participate in the workplace. If the impairment is a mental condition, things get even more complicated because the person may not be able to own property, sign a contract, have a bank account, own an RRSP or write a will.

These issues all cause difficulty in structuring their finances, which usually means that financial transactions must be carried out by a family member in their own right on behalf of the special needs person or through a formal trust arrangement. A trust will almost certainly come into play as time marches on

Click to download a PDF of the article

Visit the Canadian MoneySaver website

The following is a brief excerpt form the Living Assistance Services website:

In the year 2000, Living Assistance Services began with a wish: That people be able to grow older in their own homes with comfort and dignity.

After over a decade of caring we have stayed true to our vision. Our vision has been and will remain: to provide first rate home care with reliable, conscientious, knowledgeable and affordable Personal Support Workers to care recipients and families in need.

Living Assistance Services prides itself on being the first to provide highly personal care for those who wish to stay in their own homes or anywhere else assistance is required.

Click to link to the Living Assistance Services website

Ontario Home Care Assist provides Senior Home Care Services. The following is a brief excerpt from their website:

Ontario Home Care Assist -Compassionate Customized Services for Seniors

OHCA recognized the need for caregivers and seniors to better understand personal home care services and has prepared it’s Understanding Senior Care Programs Guide with this in mind.

Canada Stats shows 25% of the population will fall into requiring some form of Senior Care Services by the year 2016 which means many of us will be affected by the aging community. Ontario Home Care Assist is committed to providing senior care services with compassion, safety and dignity.

Click to link to the OHCA website