A Power of Attorney is a legal document that outlines how you would like your financial assets handled if you become mentally or physically incapacitated. Without a Power of Attorney for property, the Provincial Government steps in and assumes control of your "living estate".
A Power of Attorney for property can eliminate government intervention and reduce costs and delays. A Power of Attorney for personal care or a 'Living Will' allows your attorney to make health care decisions on your behalf. Keep your Power of Attorney with your Will and review it periodically.
|