You Have Been Appointed as an Attorney: Difference between revisions
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You Have Been Appointed as an Attorney (view source)
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If you decide not to act as attorney, you may resign. You can do so by giving written notice to the adult and any other attorneys named in the enduring power of attorney. If the adult is incapable of making decisions at the time you resign, you must also give written notice of the resignation to a spouse, near relative or (if known to you) close friend of the adult. | If you decide not to act as attorney, you may resign. You can do so by giving written notice to the adult and any other attorneys named in the enduring power of attorney. If the adult is incapable of making decisions at the time you resign, you must also give written notice of the resignation to a spouse, near relative or (if known to you) close friend of the adult. | ||
{{PLSTipsbox | |||
| text = In your role as attorney, you may deal with other types of fiduciaries. These may include: | |||
'''Trustee under a trust:''' A person who holds property for the benefit of another person, the beneficiary. <br /> | |||
'''Representative under a “section 7 representation agreement”:''' A person authorized to make decisions for another person—including on “routine” financial affairs and most legal matters—when the person can no longer manage on their own.<br /> | |||
'''Pension trustee or, for veterans, pension administrator:''' A person appointed by a government agency to manage government money that is paid to someone. <br /> | |||
'''Guardian or committee:''' A person appointed by a court to manage money and property for someone who needs help. | |||
}} | |||
{{Managing Someone Else's Money Navbox}} | {{Managing Someone Else's Money Navbox}} | ||