Preparing a
Power of Attorney
If no family member comes forward as your Power of Attorney, the BC
Public Guardian and Trustee is obliged to take over your affairs. This
does not provide a personal service and your estate must pay for it.
You can appoint a spouse, adult offspring, friend, or family member to
hold your Power of Attorney. You should appoint an alternate person too,
just in case.
A Power of Attorney can be very specific, such as giving one particular
person the authorization to execute one particular sort of banking
transaction for you. Ending a
Power of Attorney
Give your attorney a written notice saying that their power has ended.
Where a Power of Attorney has to do with land, a Notice of Revocation
must be filed with the Land Title Office.
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Choosing Your
Attorney
An Attorney's authority starts from the moment the Power of Attorney is
signed, not when the need arises, so it is essential that the person is
trustworthy and available.
There are some precautions you can take to prevent the Power of Attorney
from being used prematurely.
Representation Agreements
See Representation Agreement
info.
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