Old(ish)

BEAUTY, STYLE AND LIFE OVER 50

 

“The List”

You’ll Need This Info From Your Elderly Parents

 

If you’ve landed on this page, it may be because we spoke and I sent you here. If you’re in the thick of it with failing parents, I’m so sorry. It really is the worst time. It is truly shocking what nature expects us to go through and still remain standing.

This list is a Canadianized version of one that appeared years ago in Real Simple magazine that I’ve tweaked over time and passed on to friends when they start taking over their parents’ affairs. It helped me and gave me structure when it became apparent that my parents could no longer manage by themselves and I didn’t know where to begin.

I’ve seen lists of well-intentioned but ludicrous questions that you are supposed to ask elderly parents if their homes are becoming unmanageable and overrun with stuff. Sample: “Hey mom, which scarves do you want to keep and which should be donated?” I would only have tried that nonsense with my mother if I didn’t value my own life. Given that you are supposed to avoid contentious topics and fighting, questions like that are pure provocation. But the list below? The list is useful.

Try to get this information from them as soon as you can, while they’re still healthy and when it’s just tedious paperwork and just one more item on your never-ending To Do list. If you have to start chasing answers once a parent is in hospital, or once they’ve dug themselves in, it becomes a much bigger hurdle, and much more fraught.

And while I am certainly not a lawyer and you obviously need one, if you can, get your name onto your parents’ bank accounts. Granted this is easiest when you are an only child and don’t have to run anything past siblings. Plus, you need parents that will trust you with their money. So I understand that these could be big ‘ifs’. But if a parent unexpectedly goes into hospital and you have to pay their bills, it’s much easier if you have access to their chequing account. In Canada, you need to be JTWROS (joint tenant with right of survivorship.) But really, talk to a lawyer. I cannot stress this enough.

(And now, my best piece of advice ever. Buried way down here because it’s rather, ahem, irregular.)

Make sure you know the location of the will. If it is in a bank safety deposit box and you need to retrieve it because the person has died, Do Not Tell the bank that they have died. Instead, use your existing Power of Attorney (you got power of attorney, right?) to clean out the box because once the bank is notified of a customer’s death, they will lock everything down and getting into the box will become a lengthy, if not impossible, procedure. This most useful bit of advice was given to me by two (TWO!) different lawyers on two separate occasions, So there you go.

And while this is strictly a list of financial and legal documents you need to collect, I have to add that you should find out where your mother keeps her recipe collection (box? binder?) and write it down too. That, and the platter she served your birthday cake on and all the family photos are the first things you’ll want to secure (along with the will, of course) when the time comes.

Good luck. We all go through this.

Parent Information Checklist 

S.I.N. numbers

Banking

Banks and list of accounts and safe-deposit boxes

Personal contact at bank if available

Loan agreements and amount owing, if applicable

Online banking passwords

Passwords for online accounts for utilities, telephones, cable tv, internet

Location of safety deposit box(es) or in-home safe (with combination)

List of safety depost box contents 

Location of safety deposit box key(s)

 

Credit Cards

Issuers, account numbers and expiration dates (balance owing, if any)

Special information (airline mileage points, balances owed) 



Insurance

Home, car, life, health, long-term care

Issuer and account numbers

Agent’s contact information

Premium due dates

Original paperwork (possibly in home safe or bank safety deposit box)

 

Taxes

Accountant information

Location of past filings 

Any amounts owing, due dates (if paid quarterly)

 

Investments and retirement accounts 

Names of brokerage and/or portfolio manager

Account numbers and passwords

Names of bankers or brokers if relevant

 

Legal documents

A list of all documents that are in place (and their location): Wills, Trusts, Power of attorney (and if these aren’t in place, make it happen!)

Proof of Death documents for deceased family members (e.g. parents, first spouses) who may still be listed as beneficiaries on existing insurance policies. Because even if all insurance policies are up to date, you may later discover a forgotten one.

Names and contact information for trustees listed on all the documents

Contact information for the lawyer who drew up the papers 

Location of organ donation cards

 

House (and/or cottage)

Mortgage info if not discharged or rent amount and payment info if renting (as well as rental agreement)

Location of deeds and property titles

Property tax info and payments

Location of and combination to home safe, if applicable

Contact info for plumber, cleaner, handy person, snow removal, gardener

Water heater info (rental or ownership papers)

Location of main water shutoff valve for house

Location of fuse box

Tech

Passwords to home security system

Passwords to phone, laptop, iPad

Social media passwords (if applicable)

List of streaming services and passwords

Health care

OHIP numbers and location of current health card

Hospital system ID cards

Contact information for all physicians

List of Medications and dosages

Name of Current Pharmacy

DNR (Do Not Resuscitate) form or instructions what to do in the case of serious illness (In Ontario, these are now a numbered form issued by their doctor. It’s no longer just a matter of filling out and signing a paper you found online and printed.)

Current Pets

Adoption paperwork

Health and immunization records

Name and contact information for vet

Feeding schedule and types of foods

List of medication, if applicable

Parents’ Burial Plot(s)

Did they pre-pay for a funeral/burial plot (If yes, then where is the paperwork and proof of payment?)

Any instructions for service

Friends and Family

Names, current addresses and email addresses of friends and family, both local and abroad (to stay in touch in general but especially when parents become ill)