Power of Attorney for Property: The other side of the coin

Power of Attorney for Property: The other sign of the coin

This Blog was written by Suzanna Walter, Estate and Trust Consultant with Scotia Wealth Management

In my previous blog, Road Testing your Incapacity Plan, I reviewed incapacity planning from the point of view of the Grantor (the person appointing the attorney) in the Continuing Power of Attorney for Property (CPA).

Now, I want to look at CPA from the other side of the coin; namely from the point of view of third parties, such as financial institutions, lawyers, and indeed anyone who is being asked to accept the authority of the attorney appointed by the CPA to act on behalf of the Grantor.https://www.allaboutestates.ca/power-of-attorney-for-property-the-other-sign-of-the-coin/