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Charitable Giving & Buyer Beware

Charitable Giving & Buyer Beware

Does it make sense for consumers to view non-profit organizations differently from for-profits when making a decision to ‘purchase’?  Some have suggested that “buyer-beware” does not apply to the non-profit sector.  In a recent conversation with several individuals working in the non-profit charitable sector, one noted that when dealing with charities consumers don’t need to have the same concerns as […]

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Red flags in charitable donations

Red flags in charitable donations

Professionals involved in financial transactions with older adults, including those working in the charitable sector, have a responsibility to be aware of their client’s capacity to make a financial decision.  This can pose difficulties since each individual situation is unique, however, there are some red flags that will suggest more information is required prior to completing a transaction.   A change […]

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Business Owners & Shareholder Agreeements

Business Owners & Shareholder Agreeements

Saul started an interior commercial painting business when he was 25 years old and a newlywed.  Saul’s wife Tammy helped out with the business while also holding a full-time job elsewhere.  As the business grew Tammy became its full-time administrator and Saul partnered with his younger brother Joel.  Saul and Joel considered themselves as equal owners and equal contributors to […]

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Snowbirding on Vancouver Island

Snowbirding on Vancouver Island

Vancouver Island’s milder winter climate offers a snow birding option for those who may dislike the heat in the southern climates or who are concerned about health care coverage.  People living in the southern part of the island during the winter months enjoy a lot more time outside since temperatures are manageable and snow is rare.  When it does snow […]

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HIV & Longevity

HIV & Longevity

“Some 34 million people were living with the human immunodeficiency virus (HIV) that causes AIDS at the end of 2011, while deaths from AIDS fell to 1.7 million that year from a peak of 2.3 million in 2005.”  Reuters, September 12, 2013 http://hivworkshop.com/2013%20news/Sept13/sept13-3.htm Less than 30 years ago no one would have thought that a person with HIV would be […]

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Unexpected health problems & financial fall-out

Unexpected health problems & financial fall-out

I met Sam* one afternoon at a business event.  I was attending the event and he was working at the event’s facility.  I intended to briefly step away from the event to make a quick phone call and that’s when I met Sam.  It was one of those conversations that sometimes happen with strangers…sharing details that you would not share […]

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Does the end of cottage season mark the time for selling?

Does the end of cottage season mark the time for selling?

The summer cottage, home, or cabin is often the most emotionally volatile of family assets.  Whether it’s about the great memories, ownership status, or a refuge from hectic lives, it is held dear across the generations.  The generational transfer of the cottage, or its sale, is often traumatic.  One family  struggling with this issue has four third generation owners for […]

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Financial literacy – a challenge at any age

Financial literacy - a challenge at any age

An article[1] from the Urban Institute profiled a young woman who “…gave up on her local bank five years ago” and now relies exclusively on store front cheque cashing companies (such as payday loan companies).  Her “bank account” is a pre-paid or re-loadable debit card.  She admits that she sees no need to ever use a bank again.  These less traditional […]

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The politics of aging and ageism

The politics of aging and ageism

In March 2008, George Smitherman, the then Ontario Minister of Health “…wanted to “better understand the patient experience” by donning the incontinence diaper following complaints from nursing home staff about residents being forced to wear soiled diapers for much of the day, because there are not enough caregivers to change them.”[1]. It appears that his idea was to assess the […]

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The mobility gift for aging parents

The mobility gift for aging parents

Mobility is the hot gift from families looking for options to keep their aging parents active and happy.  Family members pitch in a portion of the cost and prepare to buy dad or mom “new wheels” – an electric scooter for their upcoming birthday.  The purchase is viewed as an alternative for a revoked driver’s licence or a way to compensate […]

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