Power of Attorney
A power of attorney is a document that allows you to give another person, called the attorney, the authority to act for you in financial and legal matters. The power can be as specific or as general as you wish. But unless you use an enduring power of attorney, it will automatically end if you become mentally incompetent.
Because of the financial authority conveyed through this document, it is critical that the Adult fully understands what powers they are granting with this document, and that they have complete trust in the person they are appointing. It is important that you trust the person’s honesty and judgement.
An enduring power of attorney may help avoid having the court appoint a "committee" of one or more people to look after your legal and financial affairs in the event that you become mentally incompetent. According to the information of the Canadian Bar Association, a committee appointment is much more expensive than making an enduring power of attorney.
Call us today at 604-719-8930 to learn how we can help you with your Powers of Attorney. We are here to help you!