There has been a great deal of discussion recently in relation to individuals being supported and their money/banking in general.
Topics raised include:
- The challenge of opening bank accounts.
- policies differing between rural banks compared to urban banks.
- Inconsistency with banks policies in clients accessing their money.
- Working with Provincial Guardians and Trustees.
- How to support individuals who have settlements, inheritance, or notarizing wills.
- The growing need to have debit cards, credit cards, or virtual visa cards.
- Liability exposure for agencies that are responsible for handling individuals’ monies where there are no family members or trustee etc.
With this in mind, OASIS will be hosting a webinar, Managing Challenges in Individualized Banking on Tuesday, 30th January at 12PM.
In this hour long webinar, PooranLaw’s Managing Partner, Brendon Pooran, and Associate, Saquiba Rahman, alongside Community Living Toronto’s Chief Financial & Administrative Officer, Betty Yam, will share best practices when it comes to managing funds for people supported. You will learn how to support people when it comes to personal banking and trust funds. They will share some of the do’s and don’ts, how supported banking models can be used as an alternative to guardianship, how to identify red flags and what you can do to protect both staff and people supported.
BIOS:
Brendon Pooran is the founder and managing partner of PooranLaw. Brendon acts as corporate counsel for not-for-profit and charitable corporations. He advises on wills, trusts and estates and disability law matters. Brendon is also a founder of Partners for Planning and Microboards Ontario. He sits on CRA’s Disability Advisory Committee, teaches Critical Disability Law at York University. He also recently received a Canadian Law Award nomination in the category of Managing Partner of the Year, 2023.
Saquiba Rahman is an Associate at PooranLaw and has always been passionate about, and active in, the disability sector. She works in the areas of wills & estates planning; disability law; and corporate law for not-for-profit and charitable organizations. She is PooranLaw’s in-house expert on corporate governance, Microboards and ensuring a smooth transition to the Ontario Not-for-Profit Corporations Act.
Betty Yam is the Chief Financial &Administrative Officer for Community Living Toronto.