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ARTICLE · 21 JUNE 2019

Powers Of Attorney For Property And Personal Care

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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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 should 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?

A government office or officer (such as the Public Guardian and Trustee of British Columbia) can be given the authority to manage your financial affairs, or the Court may appoint a person or persons to do so. Neither outcome is ideal and both can result in significant and unnecessary complexity and 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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About Norton Rose Fulbright Canada LLP

Norton Rose Fulbright is a global law firm. We provide the world's preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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