Caring for Aging Parents: Are You Prepared?

Posted by on Apr 9, 2013 in Health Emergencies, Planning, Powers of Attorney | 0 comments

Originally published on June 24, 2011 at www.brighterlife.ca

 

When Iola Pryma was told she needed to have a lung biopsy to investigate the tumours a CT scan revealed, one of the first things she did was make her daughter, Kandis Pryma, her power of attorney for her finances. A 71-year-old widow, Pryma knew that in the event of a long recovery — or worse — she would feel much better checking into the hospital knowing that her finances were in order.

This family was lucky. In their case, the parent was able to make this decision on her own and to guide her daughter through her financial portfolio and banking information without suspicion or embarrassment. 

But many families aren’t so lucky, says Mara Osis, president of ElderWise, a Calgary-based company that coaches families on topics relating to aging parents.

 

Read the complete article:

http://brighterlife.ca/2011/06/24/caring-for-aging-parents-are-you-prepared/

FacebookTwitterGoogle+Share

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>