Your POA will allow your attorney to conduct transactions on your behalf while you are unable to. Why Should BC Residents Have An Enduring POA?Įnduring power of attorney documents protects you in the event you are incapacitated for any reason, including accidents and medical emergencies. Willful does not offer non-continuing (or limited) power of attorney documents at this time. In this article, we are referring only to enduring powers of attorney, which continues past the point of mental capacity. An alternate attorney can exercise authority in case your first attorney is incapable or unwilling to. You are allowed to appoint multiple powers of attorney in an enduring power of attorney agreement. Typically this includes paying your bills, maintaining property, managing investments, or even collecting any debt. ![]() An enduring POA gives your attorney the authorization to perform any acts you would be able to do, except make a will. In BC, an enduring power of attorney gives someone you trust the power to make decisions on your behalf if you are medically incapable. Read More: What Is The Difference Between Power Of Attorney And An Executor In Canada? What Is An Enduring Power Of Attorney In BC? In contrast, your legal will would be like a form of life insurance, which takes care of your loved ones after you pass away. A great way to think of your POA as a form of disability insurance, it protects you while you’re alive. This includes anything from physical accidents to medical emergencies.Ī power of attorney is something you never hope will come into effect, but it can protect your finances, health, and personal decisions if you were to become incapacitated. POA documents offer protection in the event of incapacitation, regardless of your age. In many cases, you can also help your attorney by outlining these decisions in advance.ĭespite what many people believe, power of attorney is not only for seniors and those considering end-of-life-care. Your attorney is responsible for making decisions about your property, financial affairs, personal life, and medical care, if in the event of an emergency if you are unable to do so yourself. Why Should BC Residents Have A Power Of Attorney? We’ll break down the difference between the two types of POAs and help break down the process of making your own power of attorney documents. There are two types of power of attorney documents in BC - enduring power of attorneys and representation agreements. ![]() ![]() This ability is given in advance by you, the “grantor”, “donor”, or “maker” of the document. With powers of attorney, the attorney's authority can be general or be limited to specific acts that the attorney can perform. Some common acts include the payment of bills, investment of certain assets, sale of property, or making health care decisions.
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