2,734
edits
Difference between revisions of "Substitute Decision Making for Adult Guardianship (15:IV)"
Jump to navigation
Jump to search
Substitute Decision Making for Adult Guardianship (15:IV) (view source)
Revision as of 23:49, 10 October 2022
, 23:49, 10 October 2022→c) Gifts, Loans and Charitable Donations
| Line 223: | Line 223: | ||
An attorney may make a gift or loan, or a charitable gift from the adult’s property if the EPOA permits the attorney to do so, or if (''PAA'' s 20): | An attorney may make a gift or loan, or a charitable gift from the adult’s property if the EPOA permits the attorney to do so, or if (''PAA'' s 20): | ||
* The adult will have sufficient property remaining to meet the personal care and health care needs of the adult and the adult’s dependents, and to satisfy other legal obligations | |||
* The adult, when capable, made gifts or loans, or charitable gifts, of that nature; and | |||
the total value of all gifts, loans and charitable gifts in a year is equal to or less than a prescribed value (set out in s 3 of the ''PAR'') | the total value of all gifts, loans and charitable gifts in a year is equal to or less than a prescribed value (set out in s 3 of the ''PAR'') | ||
According to s 20(2) of the ''PAA'', an attorney may receive a gift or loan, if the EPOA permits. | According to s 20(2) of the ''PAA'', an attorney may receive a gift or loan, if the EPOA permits. | ||
==== d) Creating a Will and Designating Beneficiaries ==== | ==== d) Creating a Will and Designating Beneficiaries ==== | ||