These Power of Attorney forms are designed for Canadian use by non lawyers. You Can Easily Prepare Your Own Enduring Power of Attorney in Minutes. You do not need any legal training or experience.
You must have arrangements for a trusted person to handle them for you.
You do this by creating a Power of Attorney designating a trusted person to manage your affairs, and any and all financial decisions while you cannot.
The person you want to act in your name, must have a legally binding, properly signed and witnessed Power Of Attorney to act on your behalf.
You can only give this authority by naming someone to act for you in a continuing Power of Attorney for Property. CanLaw's Power of Attorney kit contains all you need to do this vital document. You should have it prepared and available in advance of need.
Many people wrongly believe that their spouse, a friend or family member can act for them if something happens and they are unable to make decisions for themselves.
This is not true. If you are unable to act for yourself, all your financial assets will be frozen and the government may step in and appoint a stranger to control your assets.
Who will pay your bills and your taxes?
Who will pay for your family's food?
Who will look after your bank accounts?
Who will manage your real estate and investments?
Who will make decisions if your beloved pet needs emergency vet care?
WOULDN'T YOU PREFER that your spouse or trusted friend or family member handle your financial affairs rather then some government appointed stranger?
This could happen if you do not take the time to prepare a CanLaw Power of Attorney for Property now, before you need it.
You cannot do this after you become incapacitated.
If you become unable to act for yourself
Your Spouse Cannot Access Your Bank Accounts To Pay Essential Ongoing Bills like your rent or mortgage, car payments, or even to pay for food for your family.
Even your spouse would have to produce a valid Power of Attorney
CanLaw's Power of Attorney for Property kit is specially prepared by and for Canadians.
It is simple to understand and use, easy to complete, and legally binding until you revoke it.
CanLaw's Power of Attorney for Property kit is complete and has everything you need to protect you, and your loved ones, in the event that you are incapacitated. The kit includes all the necessary preprinted forms and easy to follow instructions.
Power of Attorney laws are set up to protect you from fraud and for other obvious reasons.
Things work very well while you are well and fully capable of managing your own affairs.
But if you fall ill and cannot sign cheques, pay bills or withdraw money from your bank, there is a huge problem.
Your bills, obligations and responsibilities still have to be paid.
Someone must do that for you. That is the main reason you need to have issued a Power of Attorney
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