Canada Power of Attorney

Before you create your Canada Power of Attorney documents, take a few minutes and learn some of the terms you will need to use. Powers of attorney can be a part of your estate plan and they can be a part of your daily life.

A power of attorney is a way of granting powers to another person allowing them to act on your behalf. The person you grant these powers to is called an "attorney". In a Canada power of attorney the use of the word attorney does not mean a lawyer. The attorney can be anyone you choose to grant powers to.

There are two basic types of Canada powers of attorney. There is a power of attorney for property and a power of attorney for personal care.

The Canada POA for property enables your attorney to manage your finances. In this document you can limit the power given, other wise your attorney will be able to sell your property, manage your bank accounts, sign your checks and many other financial activities that might require your signature.

A general property power of attorney is automatically void if you ever become mentally incompetent. To make this document a useful tool in your estate plan it should be a continuing property power of attorney. This one stays effective should a doctor ever declare you mentally unsound.

For you estate planning purposes your power of attorney for personal care should be a continuing document also. This Canada continuing power of attorney for personal care would allow your attorney to oversee all of your health care needs, without court, or other family members, interference.

A Canada power of attorney is normally effective upon you signature and those of your witnesses. It is possible, however, to state in the document a specific time or a specific event at which the power of attorney will become effective. It is common to want your powers of attorney to be effective only if a doctor declares you mentally incompetent. This just needs to be written into the document.

It is advisable to name a substitute attorney in your documents in case your first choice cannot be located. No power will be granted the alternative unless your first choice cannot be located, or refuses to accept the power. Joint attorneys can also be appointed if you would prefer two people making decisions for you. In this case they would have to agree on everything and both signatures would be required on all legal documents.

Canada power of attorney forms are published by the Office of the Public Guardian and Trustee and they can be downloaded here.

Alabama Power Of Attorney | Alaska Power Of Attorney | Arizona Power Of Attorney | Arkansas Power Of Attorney | California Power Of Attorney | Colorado Power Of Attorney | Connecticut Power Of Attorney | Delaware Power Of Attorney | Florida Power Of Attorney | Georgia Power Of Attorney | Hawaii Power Of Attorney | Idaho Power Of Attorney | Illinois Power Of Attorney | Indiana Power Of Attorney | Iowa Power Of Attorney | Kansas Power Of Attorney | Kentucky Power Of Attorney | Louisiana Power Of Attorney | Maine Power Of Attorney | Maryland Power Of Attorney | Massachusetts Power Of Attorney | Michigan Power Of Attorney | Minnesota Power Of Attorney | Mississippi Power Of Attorney | Missouri Power Of Attorney | Montana Power Of Attorney | Nebraska Power Of Attorney | Nevada Power Of Attorney | New Hampshire Power Of Attorney | New Mexico Power Of Attorney | New Jersey Power Of Attorney | New York Power Of Attorney | North-carolina Power Of Attorney | North-dakota Power Of Attorney | Ohio-power Of Attorney | Oklahoma-power Power Of Attorney | Oregon-power Of Attorney | Pennsylvania Power Of Attorney | Rhode-island Power Of Attorney | South-carolina Power Of Attorney | South-dakota Power Of Attorney | Tennessee-power Power Of Attorney | Texas Power Of Attorney | Utah Power Of Attorney | Vermont Power Of Attorney | Virginia Power Of Attorney | Washington Power Of Attorney | West-virginia Power Of Attorney | Wisconsin Power Of Attorney | Wyoming Power Of Attorney | Joint Power Of Attorney | Military Power Of Attorney | Revoking Power Of Attorney |

From Canada Power Of Attorney to What is a Power of Attorney? | Estate Planning Blog | Basics of Estate Planning | Selecting a Financial Planner | Estate Planning and Taxes | Is This Good Time to Buy a House? | Incorporate My Business | Best Low Cost Investment | Fringe Benefit Plans | Estate Planning and Charitable Giving | Health Insurance Comparisons | Best Medicare Supplement Plan | Medicaid Questions | Retirement and Estate Planning | Current Estate Planning News | Estate Planning Forum | Living will in estate planning | Estate Planning Blogs | Estate Planning Books | Choosing an Estate Planning Attorney | Find a Probate Attorney | Estate Planning Questions |