The second of the seven subject areas for Crime Prevention Week 2019 focuses on the elderly in our community with useful tips on house and home, out and about, safety in your vehicle and protecting your money and valuables.
Many Canadians are concerned about how to manage their money, property, and finances as they age or as life changes take place. They may worry about what will happen if they become unable to deal with their own finances. It is a good idea to plan ahead for a time when you may need help managing your affairs. Two tools often used for managing financial affairs are powers of attorney and joint bank accounts. It is important to know how a power of attorney or a joint bank account works before you use them. There are risks and advantages to both. You should never feel pressured to sign a power of attorney or to open a joint bank account. Carefully consider all of your options before making any decisions.
The BC Center for Elder Advocacy and Support is offering a free seminar titled Not In My Family: Working with Family Caregivers to Reduce Elder Abuse.