fy ‘. three to as many 14 — Wednesday, September 9, 1998 — North Shore News north shore news . “ nn ” ay BUSINESS Elderly may need help HOW are your parents or other elderly relatives managing their money? My mother kepr all her faculties until she died just short of her 90th birthday. I resisted her occasional sugges- tion I should take over her finances. | believed the more independent she remained the beter, although 1 did make sure she hada current will. So she organized her own financial affairs. While she didn’t balance her cheque- book (1 found out after she died), she knew when to phone her helpful ncighbor- ood bank branch ro transfer money from savings to chequing. Only after she had a mild stroke did { ask her to desig- nate me (the only child) as her power of attorney ~- something ! should have organized sooner. But I rarely used the document. I was lucky. I have heard horror sto- ties from readers about how their relatives mismanaged their finances, briefs ’ ABBOTT Senior Care, a non-medical resource to relieve the burden. of family caregiving to the elderly, has opened its doors. Owned and operated by North -Vancouver’s Lance and Keltie Abbott, the com- pany ‘offers an affordable solution for older individuals or “couples who, although able to manage their physical needs can use'some help. Abbott Senior Care can help those who need it to stay’ in their homes by assist- ing with light housework, meal - preparation and or companionship. Service can be arranged for as little as per day. Special attention is paid to matching the screened, trained, bonded and insured caregivers with clients to achicve optimum compatibil- ity. For more information call Abbott Senior Care at 985-6658. gee -The ‘West Vancouver Chamber of Commerce will host guest speaker West _ CRISIS IN YOUR LIFE? Discover the strength, security and power that comes only through faith in CHRIST Find out more every Sunday at 10:45am at DELBROOK Baptist CHURCH 515 West Windsor Rd, North Vancouver, or call 985-4011 Mon - Fri Jam - ipm Pastor Jamey McDonald as 24 hours | In one case, the tather, in his late 70s and in the carly stages of Alzheimer’s, started spending moncy on every “you are a winner” and get- rich-quick scheme that came through the door. His wife sounded the alert only several years later, when her cheques started to bounce. The hus- band had not only drained the family’s finances but also gone into debe. The adult children started to straighten things out but then dad died. The children discovered he had cashed all but onc of his insurance poli- cies, leaving his widow only $7,500. Despite an earlier deal struck with creditors, she ended up having to declare "LANCE AND KELTIE ABBOTT Vancouver-Sunshine Coast MP John Reynolds during its : together. bankruptcy. We keep hearing about how much morey baby boomers are likely to inherit from their parents. But most know little about their par- ents’ current finances. You don’t exactly front up to your folks and ask: “Hey, how much money do vou have and where is i?” But if one or both parents can no fonger manage, the sooner vou find out the Petter. If other relatives are involved. typically brothers and sisters, ralk it over with them. Perhaps send a column like this to your folks with a note along these lines: “I/We don’c mean to pry, but if any- thing shouid happen to you, is there a list somewhere so ive can help look after things? Is there something we should talk about now?” In fact, vour parents might have been wondering how to bring up the topic — and will be glad you took the first step. — Copyright 1998 Mike Grenby paprember breakfast. meet- * rollybuen Country Club will serve as the setting for the Tuesday, Sept. 15th get- Coftee will be served at 7:15 a.m. while breakfast will starr 15 min- utes later. RSVP the chamber via fax at 926-6436 by 2 p.m. on Friday, Sept. 11. — Robert Galster North Shore business groups and individuals wish- ing to submit items to Business Briefs can fax them to the attention of Robert Galster at 985-2104, or vin e-mail to robert@usnews.com ~“ when the banks say “no” #¢ when speed counts / low rates and fees “Celebrating our 15th Anniversary. "Adam Korbin Consultation 985-7455 AYLORMOTIV TUNE-UP SPECIALISTS AirCare ~ Gov. Certified #50222 BCAA. - A.R.A. APPROVED CENTRE Estimates x TALKING — ALSO COMPLETE 299-9000 MECHANICAL REPAIRS L7l4ts15.. 176 Pemberton Ave, N. Van {5 biks south of Marine) ONAN OO TTT OM Re TT Cali me for a quote today” 687-2020 Lender Broker fees niay apply J Technician available to service your car or light truck. “Our 40th Year” Guoranteed | yeor Ree ES ae FREE ESTATE PLANNING SEMINAR _ —~p>— aN The Seniors’ Foundation of British Columbia is presenting an Estate Planning Seminar at the Park Royal Hotel on Wednesday, September 30, 1998 from 9:30a.m. to 12:00p.m. A panel of professionals will present important information regarding Wills, taxation and other estate planning issues There is no charge but please call 685-4403 or 1-800-377-5566 to register’ Refreshments will be served ore This semir.«t is co-sponsored by BC hydro aus THIS OFFER 1S GOOD ONLY UNTIL SEPTEMBER 18TH. Pagor is refurbished. Model may not be exactly as shown, Pager must be activated wv. 4 monthly rental package for a minimum of one yeer. Limited time otter. Some restrictions apply. @®Aogers Cental Inc. *ATST Corp. used under licence. See store for details. WEST VANCOUVER Park Royal Mall North 921-1302 NORTH VANCOUVER 1830 Marine Orive 983-3335 DT OT a Ty Be Be