I WHENDOW- , amazon-r7 + W. . f 2 ‘ ‘ at 18 a WI 0 attorney . i s. _ ,, ' â€I x \. ," . it ‘ You've been asked by a o Distributing the donor's ..,. ‘ i g relative or close friend to assets to the attorney or farm '3 ' 2F ‘ l be their power of attorney ‘ ily members prior to the 5 x 7 and you feel honoured, ‘. 1 =‘ i - ', death ofthe donor. .9 . because it means that per» In some Cases. me justjï¬. .: a! 1 sun considers you to be cation for carrying out , trustworthy and capable .r actions like those described , . But what is it? A power of ‘ above has been to save pro~ , :; attorney is a legal document bate fees. However. probate , ‘ where one person (called the . fees are extremely low donor) gives authority to throughout Canada and another person (called the should not be used as an attorney) to manage some or ’ excuse to drive these actions. all of the donor's financial ln fact, adding â€my own- aï¬airs while they are alive. ers and direct beneï¬ciaries There's no doubt that may be bad ï¬nancial plan- when one person gives . ning. Instead. it isoften more another person power over donor's best interests. not advisable to have the assets :. his or her assets. the donor is yours. If, as attorney. you distributed through the 5‘ placing a signiï¬cant amount instigate an action that is in estate. providing more equj‘ , of trust in the attorney and your best interests rather table distribution and more ‘ ti“: this could make the donor than the donor's. that is a tax-planningopportunities p ., 53.53;: ,.-.; . vulnerable to abuse conflictot‘tnterest. As an attorney you are " w _ , ‘ ,. w ‘ Wir‘ 3&3. s y â€a ' In an Enduring POA, an Here are a few examples accountable for your actions 7*; y ' '1 _ _._ .~ ‘ ‘ ‘1ng _.‘:-=f--’*vfla 1;- ‘,_: ugh ‘ ‘ s. ,- ,- attorney has the power to act of actions that would breach Seek advice from a lawyer , “-34%? a , ‘ if we»... ,r“ ‘1. w ,,_ ‘ . ‘ ~1-,; _ f" 3; .1 Fâ€)! To" , on behalf of the donor if the the duty ofanattomeyi, and your professional advi- r. ' a! * : rv W is '.’ "114.4; 2 - " donor becomes mentally tAddingtheattomeyora 5m to help ensure may you Wu"; :- -. -" "1%" am,“ ‘ ' ., , , t ' ’ “ incompetent. making the family member as a joint stayonside. “h."h‘y- . a a, ~".:,’ r . '_-.;‘, r:_ . .: donor even more vulnerable owner of the donor’s proper .0. W W“ toabuseiftheattorneyisnot tysothe assets pass outside Thismlumnuprwrdedby ‘ w w - ‘- honest andtrustwoflhY- the main Mcmï¬nieGoupPflmteWth 11†a (W, .. ,, When you are acting OMdingtheattomey ora WM (‘0th ‘ _ ‘ a ‘ fl“ " “ ‘1 m under a POA. you are that family member as a direct McEachnie,CFPCRM.CDFAar >* . ~ Wage-ms. ‘ . , . donor's attomey and havean beneï¬ciary of a registered 51m_2350_€“_2410,8um . c . a ~ ' , t «I; detest: â€it andâ€, ’ t . I obligation to act only in the asset orlife insurance policy. mlmhnitcom “ , _ . . _ ’ -- *: . . i a we}: sozww a» c .14!“ ' TIPS ON SAVING FOR THE FUTURE - 4 H ' a l . r , - y -: 1 ‘ ‘. t . FWD R’U‘C‘s mom-xv . a ' ' roan sane†IS oven.- , ‘ THE 2015 CHEVROLET MALIBU j , musu LS $ n STEP-UP $ 7 31251;. F 1 r ‘ HG" " A I " ‘ , STARTING 35‘... TOTI'IE :7 O :17“, ’4 V ‘::L #va4 ,. ‘ ‘ FROM . 35%;??? NAURU LT . page J M \ JP . :1 >040th I 1 “WDMWUHVWWD om SUDOWNPAMNT - “to ' '(‘n mo. , win ,w m H 1 3 Wilfl'tr r(we “hawthorn“ 'n unï¬lIDUIINH Samanmw‘sumrm . 'w. . w ‘ r :w H J m ‘ m I .. a . , mm M . I IVE ‘ ‘ y , l 'i'~$?v<v‘. â€w â€33‘.m§ â€I my ’ SIGN DR SOszcumryooosn w ,m / rm. ‘ l transmits-Irma)- tum-mummy. Lf‘Sf' 50â€â€!!me U. i, ,, ,. “WWW y , I A__‘. ,,_______â€",___________.___._._â€".â€"â€"___â€"_ a: a , w it, ‘ ALL 20155 COME WITH IfARS/‘OOUOAN VHFSï¬GUDOflIH ‘ YUM thatWNN FALL BOMUS -, , â€I, t u u w v. - ,. - ’ CMNINIARY ‘ PDVHIMII ROADSIDE u: I V A»: an CHANGES IMMITY' ASSISTANCE - ‘- . , â€WWI "I?“ K I0! HS“! IUU‘IIISIAIUNM All M'RICI‘ICLLI)! I309" "I Am autumn" GMMWNYIMS â€Reiko“ INN" WON! um no â€WI Lanwmru M" be wound '0 pay II†R - - r ‘†‘ , Mmt'mw-Avril-tut!â€Own-Ulï¬wnhï¬lnLlnll-u“ . I r. ‘v‘brr . 'Iv' ../n .. L a-“ a -~A » is J's-ta ‘ ‘ ‘ ‘ ' â€" ' ’ " "’ " ‘ ‘ ' -' ‘ "" . ‘ .‘.‘.m.‘«33‘.‘.‘..‘. @3721? ."-'.'.‘. .T’.....“"'TT L.†":42 ' ‘ '. .'. 'Z. ....'.':'.£.'.' ‘1" 13 I“, ‘ ' ‘. . . , ,. â€I...“ H...» "H up...» M.,,..,.....~. . V ,. ,. . . ...,. ,. .., ,.. . .. .r....... w. 1;. ‘ 2:71....“ f;â€â€™1.‘j‘-." . - . > .. , , y. . ’1. ,. . -3 '.. . . ‘. . . .. g r.â€" 7:12.22. .1. L.."'.'-..f,.,'.?.7,".,'.‘.'â€.'.“.i'i;’_...i'3" . .. U , V c e“ . . .. ...-.,..,., ...,....r.,,.......,.........., H H, ..