In the event that you aren’t able or present to make legal decisions for yourself, awarding power of attorney to an immediate family member or close friend can be useful. First and foremost, what is power of attorney in Calgary? It’s a legal principle that allows another individual to make legal decisions on your behalf.
It’s important to keep in mind that there are specific limitations involved with power of attorney. Most importantly, a power of attorney document must be signed in writing, and a witness must be present. When a situation arises in which power of attorney may come into play, the document must state that the power to deal with that specific situation is given.
For example, for a decision to be made in a real estate deal, the power of attorney document must state that power is given.
Before making any decisions on awarding power of attorney, visit Housecall Wills & Estates to discuss your options with me. I’ll work with you to craft a safe and effective power of attorney plan.
Call Housecall Wills & Estates today at 403-516-2211 and we will come to you!