Question To Be Addressed
The illness of a parent will affect the whole family. Take the time to understand all of the issues so that you can
deal with them and resolve them as a family. Below are some critical questions to address:
• What happens if my mother or father is unable to make their own decisions?
• Is there a Will and General Power of Attorney in place?
• Who will be in control of the finances?
• How will the cost of care be covered and what funds are available?
• Is there an estate plan?
• What kind of living arrangements are needed? Should we consider in-home or out-of-home care? How can I find out what is available?
• Is there tax relief available if my parent or spouse is incapacitated?
Please feel free to contact me to discuss these and any other additional questions that you may have!
Please contact us to find out more!
Barbara Reid's Wealth Management Team
Your personal Wealth Advisor in Hamilton, Ontario
