Ailing Parent / Financial Checklist

Financial Checklist

The illness of your parent will mean a change in your life. Your advisor can help you to understand the issues at stake and how they can be resolved to ensure that this difficult time can be dealt with as painlessly and efficiently as possible for the entire family. Take this opportunity to review the situation and consider asking your advisor the following questions:

  • What are the implications if my parent is unable to make their own decisions?
  • Who will be in control of my parent’s finances?
  • What are the sources of funding available to ease the financial burden?
  • What are the implications for my parent’s estate plans?
  • What sort of living arrangements are available if my parent needs in-home assistance or needs to consider out-of-home care?
  • How can I evaluate the sort of care that is available?
  • Is there tax relief available if my parent is incapacitated?













Important Information

Information contained herein is provided for information purposes only and should not be relied upon exclusively as estate, tax planning or investment advice, nor should it be construed as being specific to an individual’s investment objectives, financial situation or particular needs. You should always obtain professional advice before acting on the basis of material contained herein. While Dynamic Funds® will endeavour to update this information from time to time as needed, information can change without notice and Dynamic Funds® does not guarantee the accuracy or completeness of this information, including information provided by third parties, at any particular time, nor does it accept any responsibility for any loss or damage that results from any information contained herein.

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