ARTICLE · 22 DECEMBER 2016

Powers Of Attorney And Health Care Representations Agreements

Norton Rose Fulbright Canada LLP

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A Power of Attorney is a document you can sign to authorize one or more persons to make decisions for you concerning your assets and financial affairs.

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Norton Rose Fulbright Canada LLP

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What is an enduring power of attorney?

A Power of Attorney is a document you can sign to authorize one or more persons to make decisions for you concerning your assets and financial affairs. An "enduring" Power of Attorney is one that continues to be effective if you become mentally incapable of managing your affairs after you have signed it.

What happens if I become mentally incapable and I have not signed an enduring power of attorney?

The Public Guardian and Trustee of British Columbia may take over the management of your financial affairs, or the Supreme Court of British Columbia may appoint a person or persons to do so. Neither outcome is ideal and both can result in significant and unnecessary expense for you and your family. Most people would prefer to decide for themselves who should play this role should they become incapable.

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