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Power of Attorney for Property

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If the person making this document is looking to allow someone to make healthcare decisions for them click "Yes". That is a separate document, called Personal Directive, that is not contained within this Power of Attorney for Property.

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CONTINUING POWER OF ATTORNEY FOR PROPERTY


APPOINTMENT

1. I, ________, currently of ________, in the Province of Alberta, revoke any previous continuing power of attorney for property made by me and appoint: ________, currently of ________, to be my attorney for property.

2. I authorize my attorney for property to do on my behalf anything in respect of property that I could do if capable of managing property, except make a will, subject to the law and to any conditions or restrictions contained in this document. I confirm that my attorney may do so even if I am mentally incapable.


CONDITIONS AND RESTRICTIONS

3. I require my attorney to obtain a written opinion signed by ________ or whomever I have most recently been seeing as my general physician concurring in the conclusion that I am no longer competent to manage my property before acting under the authority given herein.

4. My attorney will be authorized, without limitation, to make the following expenditures on my behalf:

i. those expenditures that are reasonably necessary for my support, education and care;

ii. those expenditures that are reasonably necessary for the support, education and care of my dependants; and

iii. those expenditures that are necessary to satisfy any other legal obligations I may have.

5. I direct my attorney to review my Last Will and to avoid taking any steps that would frustrate my Estate Plan therein unless absolutely necessary.


EFFECTIVE DATE

6. This power of attorney for property comes into effect once the condition at paragraph above has been met.


REVOCATION

7. Any power of attorney for property or any power of attorney which affects my property previously given by me is hereby revoked.


COMPENSATION

8. I hereby declare that my attorney will be entitled to receive reasonable compensation from my estate for acting as my attorney during any future incapacity on my part to manage property and I authorize my attorney to take and transfer to themselves at reasonable intervals from the income and/or capital of my estate amounts on account of compensation which my attorney reasonably anticipates will be requested upon an audit of the estate accounts, (provided however that if the amount subsequently awarded on a Court audit is less than the amount so pretaken, the difference must be repaid forthwith to my estate without interest.)

9. Where at any time my attorney fa c acffaffcf, aa cf aaa afff aa abffffab fc aacfda cbb aa dcfb cff babcf dfcbaaafcbcf baaa cf cfaaf aacfdaa bcf abafbaaa ffcbacafab, ffaa aadabbab cbb cafa bcba ap aaf cf aaf bffa fb acbbaaffcb affa faa cbafbfaffcffcb cb ap aafcfa cbb faa ffbafa cb fafa Bcaaf cb Bffcfbap, fbafbbfbd cafa aafaa cb cffcfbap bcf aafbd fb cbp dfcbaaafcb cf abafbaaa acbfb acea bcba dafacbcffp.



Executed at _____________ (city), _____________ (province) this _____ day of ______________, 20__, in the presence of both witnesses, each present at the same time.


SIGNATURE


___________________________________

Name:

Address:

Date:



WITNESSES SIGNATURE


Witness 1


___________________________________

Name:

Address:

Date:


Witness 2


___________________________________

Name:

Address:

Date:

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CONTINUING POWER OF ATTORNEY FOR PROPERTY


APPOINTMENT

1. I, ________, currently of ________, in the Province of Alberta, revoke any previous continuing power of attorney for property made by me and appoint: ________, currently of ________, to be my attorney for property.

2. I authorize my attorney for property to do on my behalf anything in respect of property that I could do if capable of managing property, except make a will, subject to the law and to any conditions or restrictions contained in this document. I confirm that my attorney may do so even if I am mentally incapable.


CONDITIONS AND RESTRICTIONS

3. I require my attorney to obtain a written opinion signed by ________ or whomever I have most recently been seeing as my general physician concurring in the conclusion that I am no longer competent to manage my property before acting under the authority given herein.

4. My attorney will be authorized, without limitation, to make the following expenditures on my behalf:

i. those expenditures that are reasonably necessary for my support, education and care;

ii. those expenditures that are reasonably necessary for the support, education and care of my dependants; and

iii. those expenditures that are necessary to satisfy any other legal obligations I may have.

5. I direct my attorney to review my Last Will and to avoid taking any steps that would frustrate my Estate Plan therein unless absolutely necessary.


EFFECTIVE DATE

6. This power of attorney for property comes into effect once the condition at paragraph above has been met.


REVOCATION

7. Any power of attorney for property or any power of attorney which affects my property previously given by me is hereby revoked.


COMPENSATION

8. I hereby declare that my attorney will be entitled to receive reasonable compensation from my estate for acting as my attorney during any future incapacity on my part to manage property and I authorize my attorney to take and transfer to themselves at reasonable intervals from the income and/or capital of my estate amounts on account of compensation which my attorney reasonably anticipates will be requested upon an audit of the estate accounts, (provided however that if the amount subsequently awarded on a Court audit is less than the amount so pretaken, the difference must be repaid forthwith to my estate without interest.)

9. Where at any time my attorney fa c acffaffcf, aa cf aaa afff aa abffffab fc aacfda cbb aa dcfb cff babcf dfcbaaafcbcf baaa cf cfaaf aacfdaa bcf abafbaaa ffcbacafab, ffaa aadabbab cbb cafa bcba ap aaf cf aaf bffa fb acbbaaffcb affa faa cbafbfaffcffcb cb ap aafcfa cbb faa ffbafa cb fafa Bcaaf cb Bffcfbap, fbafbbfbd cafa aafaa cb cffcfbap bcf aafbd fb cbp dfcbaaafcb cf abafbaaa acbfb acea bcba dafacbcffp.



Executed at _____________ (city), _____________ (province) this _____ day of ______________, 20__, in the presence of both witnesses, each present at the same time.


SIGNATURE


___________________________________

Name:

Address:

Date:



WITNESSES SIGNATURE


Witness 1


___________________________________

Name:

Address:

Date:


Witness 2


___________________________________

Name:

Address:

Date: