Canadian Power of Attorney

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Annual Report

Do you want your mandatary to prepare an annual report?

Yes No

Reports should be sent to:

Name:

Address: e.g. Street, City, Province, Postal Code

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Attorneys Remuneration

Will your Attorneys be reimbursed for his/her expenses?

Yes No

Do you want to add any additional terms or conditions regarding your Attorneys's remuneration?

Yes No

Describe the terms and conditions of remuneration:

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Attorneys Compensation

How will my Attorneys be compensated financially?

Out-of-pocket expenses only At a rate set in law I will specify

Describe how your Attorneys will be compensated:

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Financial Statements

Do you want your attorney to prepare financial statements?

Yes No

How often should reports be prepared?

Every 6 Months Yearly

Reports should be sent to:

Name:

Address:

e.g. Street, City, Province, Postal Code

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Termination

Do you wish to specify when this Power of Attorney will end?

Yes No

Do you wish to specify when this Power of Attorney will end?

On a certain date Upon the happening of a certain event

Lease start date:

Please specify the day you wish this Power of Attorney to end:

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Additional Clauses

Do you want to include any additional instructions?

Including additional instructions is entirely optional.

Yes No

Additional Clause

(e.g. double detached garage at back)

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Add another Clause

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Document Margin Size

How wide should the top margin be?

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71%

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Frequently Asked Questions

Do I have to pay my Attorneys?

Do I have to pay my Attorneys?

Depending on the kind of relationship you have with the person who will be acting as your Attorneys, you will have to consider how they should be paid for their services. You can stipulate in your document that your Attorneys will not receive any payment except the reimbursement of out-of-pocket expenses as this is the starting point for compensation, or you can agree to pay your Attorneys a specified amount. If you prefer, you can authorize your Attorneys to pay him or herself a reasonable amount for acting for you.

What are out of pocket expenses?

What are out of pocket expenses?

Out-of-pocket expenses are expenses that your Attorneys pays out of his or her own pocket while performing tasks related to this Power of Attorney.These expenses would include gasoline, parking, administration fees, etc.

Should I have my Attorneys prepare financial statements?

Should I have my Attorneys prepare financial statements?

You can require your Attorneys to prepare periodic financial statements and send them to your accountant, lawyer or some other person you choose. This is a lot of work. Most people do not require it of an unpaid Attorneys.

How/when does a Power of Attorney end?

How/when does a Power of Attorney end?

Therefore, all powers of attorney, no matter what the type, automatically expire when the agent is made aware of the principal's death. Generally, a power of attorney must be granted when the principal is mentally competent and expires when the principal becomes incapacitated.

Can I revoke my Power of Attorney after I have lost capacity?

Can I revoke my Power of Attorney after I have lost capacity?

A person who is incapacitated cannot revoke a durable Power of Attorney. However, an ordinary Power of Attorney is automatically revoked when the principal is found to have lost capacity.

Time of termination

Time of termination

Your Power of Attorney will terminate at 11:59 pm, local time on the day you have specified.