Overview
Every Albertan who is at least 18 years old should have:
- a personal directive
- an enduring power of attorney
- a will
An enduring power of attorney is a legal document that you make to give another person the authority to make financial decisions on your behalf.
The document:
- is written when you are capable of making your own decisions
- states when the person will have authority
- can start at either of these times:
- immediately and continue if you lose capacity
- when you lose capacity
An enduring power of attorney is defined by the Powers of Attorney Act.
If you lose your capacity and do not have an enduring power of attorney
One of your family members or friends might have to go to court to become your trustee. This takes time and money.
If you have this legal document in place, you do not need a trustee.
Get an enduring power of attorney
There are no regulated forms for creating an enduring power of attorney.
It is safest to make an enduring power of attorney with a lawyer to make sure:
- you have protected all your financial interests
- your enduring power of attorney is legal
The OPGT cannot assess capacity or provide legal advice.
Enacting an enduring power of attorney
Each power of attorney document is different. Read the details in the document to determine how it will come into effect.
An enduring power of attorney can come into effect:
- as soon as it is signed
- on a specific date
- when a specific event occurs
Written declaration
If the specific event is ‘when you lose capacity,’ the power of attorney document should state who must make a written declaration that this event has occurred.
If the document does not say who makes this declaration, 2 medical practitioners must make a written declaration.
Ending an enduring power of attorney
Each power of attorney document is different. Read the instructions in the document to determine if it provides criteria for when the enduring power of attorney ends.
An enduring power of attorney lasts until one of these things happens:
- you die
- you revoke it – if you have capacity to revoke it
- the court cancels it
- a trusteeship order is granted
- your attorney dies or loses capacity and there is no alternate attorney to take over
Complaints about an attorney
The Power of Attorney Act allows a concerned person to force the attorney – who is acting under an enduring power of attorney – to provide a copy of the relevant financial records to the court to review.
Contact a lawyer for assistance with this process.
OPGT cannot investigate complaints against an attorney who is acting under an enduring power of attorney.