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Difference between revisions of "Powers of Attorney and Representation Agreements"
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Powers of Attorney and Representation Agreements (view source)
Revision as of 23:25, 31 October 2018
, 23:25, 31 October 2018→What is a power of attorney?
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=Power of attorney= | =Power of attorney= | ||
==What is a power of attorney?== | ==What is a power of attorney?== | ||
A power of attorney is a document that a person uses to appoint another person, called an ''attorney'', to make financial and legal decisions for them. Under the ''[http://www.bclaws.ca/civix/document/id/complete/statreg/96370_01 Power of Attorney Act]'', you must be a capable adult (at least 19 years old) to appoint an attorney. A power of attorney ends automatically if you become mentally incapable or die. Capable means you understand the nature and effect of the document when you make it. The Act presumes you are capable unless it’s shown you’re not. | A power of attorney is a document that a person uses to appoint another person, called an ''attorney'', to make financial and legal decisions for them. Under the ''[http://www.bclaws.ca/civix/document/id/complete/statreg/96370_01 Power of Attorney Act]'', you must be a capable adult (at least 19 years old) to appoint an attorney. A power of attorney ends automatically if you become mentally incapable or die. ''Capable'' means you understand the nature and effect of the document when you make it. The Act presumes you are capable unless it’s shown you’re not. | ||
One example of when you could use this document: if you are going out of the country for a while and you want someone here to deal with your bank accounts. | One example of when you could use this document: if you are going out of the country for a while and you want someone here to deal with your bank accounts. | ||
