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Difference between revisions of "Enduring Power of Attorney"
From Clicklaw Wikibooks
→Who can prepare an enduring power of attorney
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The law presumes you are capable unless you’ve demonstrated that you’re not. The way you communicate isn’t a factor in deciding whether you are capable. | The law presumes you are capable unless you’ve demonstrated that you’re not. The way you communicate isn’t a factor in deciding whether you are capable. | ||
The ''Power of Attorney Act'' says you must understand the nature and consequences of all of the following six factors to be capable of making an enduring power of attorney: | The ''[https://www.canlii.org/en/bc/laws/stat/rsbc-1996-c-370/latest/rsbc-1996-c-370.html#sec12_smooth Power of Attorney Act]'' says you must understand the nature and consequences of all of the following six factors to be capable of making an enduring power of attorney: | ||
# The obligations you owe to your dependants (such as children). | # The obligations you owe to your dependants (such as children). | ||
# The property you own and its approximate value. | # The property you own and its approximate value. | ||
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# That your attorney will be able to do anything with your property that you could do if you were capable, except make a will. | # That your attorney will be able to do anything with your property that you could do if you were capable, except make a will. | ||
# That your attorney might misuse their authority. | # That your attorney might misuse their authority. | ||
# That you can revoke the enduring power of attorney while you are mentally capable. | # That you can revoke the enduring power of attorney while you are mentally capable. | ||
=== A notary public or lawyer can help === | === A notary public or lawyer can help === | ||
