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Articles · June 14, 2017

Why would you need a Power of Attorney?

We live in a world where people are living to older ages than ever before. Unfortunately, the older we get the greater the chance that we will suffer from a disease, injury or illness that renders us incompetent. If you take no action to plan for this your loved ones may be forced to go to court to become your guardian (at great expense) or the Provincial Government may take control of your financial affairs. A Power of Attorney (a “POA”) is a simple legal document where you may appoint an attorney (being a person or persons of your choice) to manage your legal and financial affairs. You can decide when the POA is to take effect, the extent of the authority your attorney may exercise and whether your attorney may be paid for their services to you.

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Recent Articles

  • New Mandatory Registration Requirements For Properties Held In Trust Or Bare Trust Relationships
  • What is the B.C. speculation and vacancy tax?
  • What To Do With Old Share Certificates
  • How a Hotchpot clause can prevent estate litigation over family loans.
  • Joint Tenancy or Tenancy in Common

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