Legal documents can be difficult to comprehend. Having a Power of Attorney in Calgary prepared by Affordable Mobile Notary Public Services can help you sort through important financial decisions and legal affairs. A Power of Attorney is a legal document that gives one person the power to make financial decisions on someone else’s behalf. Any competent adult or financial institution can be appointed Power of Attorney.
There are many advantages to having a Power of Attorney. First of all, it allows you to pick the person you want making decisions about your financial and legal affairs, not the court. You avoid the need of guardian or conservator as well as prevent any questions about your intent with a thorough and comprehensive Power of Attorney document.
Enduring Power of Attorney
An Enduring Power of Attorney (“EPA”) is a document in which you name a trusted person to act for you and make decisions with regard to your finances and property in the event that you lose your ability to make competent decisions at some time in the future. Typically, two doctors must take an objective finding that you are no longer mentally competent before the EPA comes into effect.