Talking to Aging Parents about Finances

Service Description

*****Postponed due to COVID-19 please check back for updated schedule**** There is a good chance that many adult children will have to get involved with their parents' financial lives as they age. Yet, the majority of adult children have not had detailed conversations with their parents about their finances. Quality Senior Services is hosting an evening focused on Finances and how to ensure this essential conversation is had before a crisis. You will hear from our Financial Advisor, Licensed Insolvency Trustee, Lawyer, Real Estate Expert and Disability Tax Credit Advisor. Did you Know: - 40% of seniors have at least one disability and can apply for the Disability Tax Credit. - The Manitoba Primary Caregiver Tax Credit can be claimed by your spouse, family member or even a friend - Selling your principle residence helps smooth the transition to a more carefree and organized retirement - It is possible for people of all ages to get into financial trouble, and retirees are no exception - It is essential to have a Power of Attorney, Will and Health Care Directive in place

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