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The use of this form is voluntary. Be advised that this form may not be appropriate for use by all persons, as it provides only one option of how an Enduring Power of Attorney may be made. In addition, it does not constitute legal advice.
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Apr 11, 2024 · A Power of Attorney (POA) is a legal document that allows you to appoint someone you trust, known as an "attorney," to manage your financial or legal affairs on your behalf. In British Columbia, this can include tasks like paying bills, managing investments, or buying and selling property. The person granting the power is called the "donor."
According to B.C.’s Power of Attorney Act, you can ask an individual (e.g., spouse, close friend, family member or anyone you trust), the Public Guardian and Trustee, a respected professional (e.g., lawyer, notary or accountant), or a trust company or other authorized financial institution to be your attorney.
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Oct 13, 2023 · (1) A General POA; (2) A Springing POA and. (3) An Enduring POA. A General POA in British Columbia applies to all assets owned by the donor and ends upon the incompetency of the donor.
Jan 24, 2024 · a person executing a power of attorney and a will must be of legal age and of sound mind. both a formal will and a power of attorney must be signed in the presence of two witnesses. witnesses in a formal will and a power of attorney must also sign the document.
Jul 5, 2023 · In British Columbia, the provisions of the Power of Attorney Act govern the creation and operation of a PoA. To create a valid PoA under this Act, the person granting power—the grantor—must be an adult (at least 19 years old) and fully comprehend their decision’s implications.
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Power of Attorney Act. [RSBC 1996] CHAPTER 370. Part 1 — Agency and Other Matters. Definitions. 1 In this Part: "agent" includes an attorney acting under a power of attorney; "knowledge" includes knowledge of circumstances that would put a reasonable person on inquiry;