The Benefit of Using a Life Care Plan Report in Estate Planning/Litigations and Financial Planning

Covering health care expenses for the elderly and individuals with a disability, is a growing concern in Canada. This is especially relevant at present, given the increased desire of Canadians to age at home following the Covid-19 pandemic. When it comes to home care, Canadians must figure out what level of care they require, the overall cost, and what role the family might play in providing these services. Home care encompasses a wide range of services delivered to individuals of all ages in their home. Home care services should be considered and included in estate planning and insurance coverage. This presentation will discuss what is a Life Care Plan, elements of Life Care Plan and important case laws. Participants will learn the importance of this tool in calculating expected future life expenses, due to aging and disability, as it relates to estate planning or estate litigations.

Instructor(s): Galit Liffshiz, MA OT Reg.(Ont.)