Power of Attorney – Putting the Right Person in Charge
People often arrange their financial affairs for retirement and death, but seldom consider administration requirements should they become temporarily or permanently incapacitated. By appointing an attorney, you allow someone you trust to manage your property (e.g., home) and/or your personal care (e.g., medical treatment) if you become unable to act, due to illness or disability.
Without an attorney, if you become incompetent, the government may appoint a public trustee to manage your financial and personal affairs. Chances are this person may not be the best person to assume the responsibility.
Although there are some provincial variations, generally an attorney should:
· Act with honestly and integrity and in good faith, for your benefit.
· Choose the least restrictive, least intrusive, and most appropriate course of action available.
· Encourage you to participate, the best of your abilities, in decisions about your property and personal care.
· Foster regular personal contact between you and those family members/friends who support you.
· Consult from time to time with supportive family and friends, and with those providing for your personal care.
Ranger West is a full-service benefit broker serving individuals, families and businesses of the Coquitlam, Port Coquitlam, Port Moody and Greater Vancouver areas.
Established in 1991, Ranger West Financial & Insurance Services Inc. acts as benefit advisors to over 300 firms in the Greater Vancouver area. We work with all the major Group Insurance Carriers in Canada and are the exclusive advisors for The Chambers of Commerce Group Insurance Plan® in the Tri-Cities region.
Ranger West Financial & Insurance Services Inc.
220 Brew Street, Suite 301,
Port Moody, BC, Canada V3H 0H6
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1 26 hours ago
PrimeState Public Adjusters, Inc. @primestatepas
KNOW YOUR COVERAGE... CALIFORNIA WILDFIRES GIVE RISE TO CLAIMS THAT MUST BE REPORTED WITHOUT DELAY
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