THE EXPRESS August 4, 1999 Page 3 Mobile needle exchange NELSON (Staff) - The ANKORS mobile needle exchange will be in Kaslo, New Denver and Nakusp on Aug. 5 and 19, and in Nelson, Salmo and Fruitvale on Aug. 12 and 26. The unit will visit the communities of Montrose, Ymir, Procter, Balfour and Playmor on Aug. 31. For more info, call 505-5506 or 1-800-421-2437. Hundreds of fruit trees surround Nelson and outlying areas. When the fruit becomes ripe, does the idea of picking it, eating it or process- ing it seem overwhelming? If so, start planning now for your fruit harvest. If you don't. bears will... Earth Matters {an youth environmental program) is running a "Fruit Tree Mapping Project" in Nelson and area this year. A main objective is to reduce the amount of waste fruit left on trees and on the ground. Nelson-Creston MLA Corky Evans was front-and-center with members of the Slocan Valley Seniors' Housing This will serve the dual purpose of providing food for individuals and Society to cut the ribbon at the July 25 grand opening of the 10-unit, $1.45 million project in Passmore. community organizations as well as keeping bears away from homes. While many people have volunteered to assist with harvesting, more homeowners are needed to help make this project work. Celebration marks opening Volunteer pickers will receive a basic orientation on fruit tree har- vesting and safety. Homeowners with surplus fruit who have regis- tered with the program will have the fruit harvested from their trees. of seniors' housing project The homeowner is entitled to a portion of the harvest, the picker keeps a portion, and any surplus is distributed to local community organizations. For more information or to register for this program, call Jeff or Amberat 352-2140. By Murray Greig Creek Lumber. Additional financial support was obtained Helen Lutz. is a Community Nutritio11i5twith K,x,ttmay Boundary PASSMORE - Four years of hard work ended in celebra- from Human Resources Development Canada, the Real Community Health ServiceJ Society. based in Nelson at 354-6305. For long distance, leave a ~ssageaJ l-877-22/-3388 and Helen will return you call. tion July 25 when the Slocan Valley Seniors' Housing Estate Foundation of B.C., the Vancouver Foundation, Project on Old Passmore Rd. was officially opened amidst Canadian Pacific Foundation, Mr. and Mrs. P.A. music, food and fanfare. Woodward's Foundation, the B.C. Seniors' Foundation, The JO-unit development for low income seniors carries West Kootenay Power, the Regional District of Central a pricetag of $ 1.45 million. Designed by Slocan Valley Kootewnay and the Columbia Basin Trust. FINANCIAL resident Eric Clough of Maltby, Vance and Hill Architects BC Housing, a provincial agency, provided $935,000 in in Kelowna and built by Castlegar-based Berg construction financing to the project, and will continue to EXPRESSIONS Construction, the project was the brainchild of the Slocan administer an annual operating subsidy for the building. Valley Seniors' Housing Society, which was formed in "This development is an excellent example of the provin- by Jill Klassen CFP, RFP 1995. cial government's continuing suport for new social hous- "Our society members are very proud to provide this ing development," Nelson-Creston MLA Corky Evans much-needed housing," said Society president Don said at the opening. "It's also wonderful to see how much INFORMAL TRUST ACCOUNTS - Munron. "Before this, seniors in the valley had no housing option once their family homes became too much to han- community support went into turning this development from a dream to a reality. The dedication and commitment INS&OUTS Until recentlyinformal trusts have been the most popular way dle. They either had to move away from the informal sup- of this community to build better housing and support for for parents to save for children's education. Now that there ports of their community, friends and families, or struggle its seniors is enormous. Through the donated lumber, have been significant enhancements to the Registered on in their homes with mounting stress about lack of numerous fundraising events and thousands of volunteer Education Savings Plan (RESP), the last of which is the upkeep, increased isolation from Jack of transporation, and hours, this a a tribut to what a community can accomplish Canada Education Saving Grant (CESG), informal trusts are often serious health risks. when people work together." not as in vogue. However, there are many stiH around and par- "This project is designed to help our seniors maintain The grand opening celebration also included the unveil- ents who wish more flexibilitythan the RESPs allow still like their independence and stay in the community that is their ing of the Wall of Recognition, featuring more than 900 this option. home." contributors to the project. A few things to be aware of when setting up an informal trust The Society raised more than $500,000 in funding for the The names are woven into a or reviewing an existing trust account: project from local, provincial and federal sources. The painted landscape scene of Ensure that the settlor (contributor),trustee and the benefici- community itself raised more than $90,000 from the 275 the Slocan Valley by ary are three separate people. Many parents are both the con- km Seniors Hike For Housing, community suppers, award-winning local artists tributor and the trustee. Consider having one parent the con- dances, raffles and garage sales. The land was donated by Peter Vogelaar and Lesley tributor and the other the trustee. Passmore Park Develpoment, and the lumber was donated by Slocan Forest Products, Kalesnikoff Lumber and Goose Mayfield. COMPLETE Any interest or dividend income earned from an investment in an informal trust is attributedback to the contributor(parent) TREE SERVICE and must be declared on their tax return. Only capital gains Five new appointees to tree Help for oUof your and woody plant needs attributeback to the beneficiary(child)and are taxablein their hands. Although many taxpayers ignore this rule, it is more significant as the trust investments are large enough to attract community health posts Pruning/shaping/planting Hedge Trimming Hazard Tree Removals Revenue Canada's attention.(e.g. around$10,000)Therefore, capital gains driven investments provide the most tax efficient investment choices for informal trusts. NELSON (Staff) - Evelyn Bradford of Kootenay Boundary CHSS who play such The last thing to consider is if you will be adding any Child Balfour and Jacqueline Wiltshire of an important role in shaping the future of Disease Control Tax Benefit money along with moneyof your own. The Child Ross land head the list of five new health care in the region," Priddy said in ALLJOBS Tax Benefit money can be invested and earn interest income. appointees to the Kootenay Boundary announcing the appointments. "I appreci- BIG OR SMALL dividend or capital gains and none are subject to tax either by 1· Community Health Services Society. ate their willingness and dedication to our FREEESTIMATES the parent or child. If you co-mingle these funds within an Bradford and Wiltshire have both been common goal of delivering the highest investment,you risk having the growth all subject to attribu- Phone Gord tion of tax. It is best to separate the Child Tax Benefit money appointed to three-year terms, while Sam quality health care to British Columbians." Crockett of Nakusp, Hans Cunningham of FullyInsured in a separate account, investment choice or mutual fund to bet- The Kootenay Boundary CHSS is among Experienced ter track the source of funds. Ymir and Kathleen Rush of Grand Forks seven community health services societies, Reliable were handed two-year terms. In addition, chairperson Robert Jackson of Castlegar, 34 community health councils and 11 regional health boards that govern and •.•• "' Even with the recent rush to RESPs, the informal trust still providesa flexibleinvestmentvehiclefor savings for a child's along with Norm Gabana of Trail, manage the health care system under the 354-4528 education. Francing Harding of Silverton, Margaret government's regionalization plan. For more information,Jill can be reached at: Nickle of Castlegar and Marguerite The Kootenay Boundary CHSS is respon- Rotvold df Grand Forks were all reap- sible for delivering adult mental health PLEASE Allard Insurance A encies Ltd. pointed by Health Minister Penny Priddy programs, public and preventive health RECYCLE SOI Vernon SL Nelson 352-7207 last week. programs and continuing care community YOUR Associated with the Nelson & District Ctedil Union "I look forward to working closely with services in Nelson and area, Greater Trail, Mutual Funds offered through: both the new and returning members of the the Boundary and Castlegar and district. EXPRESS GREAT PACIFIC MANAGEMENTCO. LTD.- member CIPF