Free Power of Attorney

Answer a few simple questions Print and download instantly Takes just 5-10 minutes

Type of Power of Attorney

What type of Power of Attorney do you wish to create?
Frequently Asked Questions

What is a Power of Attorney?A power of attorney is a document in which one person (the principal) appoints another person (the Attorney) to act for him or her. There are many reasons why you might want to appoint someone else to look after your financial affairs.

For example, if you are going to be out of the country for a lengthy period of time, you might want someone to do your banking while you are gone. If you are approaching old age, you may want to give a power of attorney to a person you trust so that he or she can manage your property for you.
What is the difference between Ordinary and Enduring power of attorney?An Ordinary power of attorney is only valid as long as the donor is capable of acting for him or herself. If the donor becomes mentally incompetent (loses capacity), the ordinary power of attorney ends.

An Enduring power of attorney remains valid even if the donor later becomes mentally incompetent. The donor must be competent at the time an enduring power of attorney is made.

In either case, the power of attorney becomes invalid when the donor dies. A power of attorney cannot be used to bequeath property upon the death of the donor.
What is meant by "incapacitated"?A person is incapable of managing property if the person is unable to understand information relevant to making a decision about the management of property, or if the person cannot appreciate the foreseeable consequences of making (or not making) a decision about the management of property.
Your Power of AttorneyUpdate Preview

POWER OF ATTORNEY

THIS POWER OF ATTORNEY is given by me, __________, presently of __________, __________, in the Province of Prince Edward Island, on the ______ of __________, _______.

  1. Previous Power of Attorney
  2. I REVOKE any previous power of attorney granted by me.
  3. Attorney
  4. I APPOINT __________________, of __________, __________, Prince Edward Island, to act as my Attorney.
  5. Governing Legislation
  6. My Attorney will act in accordance with the Powers of Attorney Act of the Province of Prince Edward Island, as may be amended from time to time.
  7. Powers of Attorney
  8. My Attorney has authority to do anything on my behalf that I may lawfully do by an attorney (the 'general power').
  9. Attorney Compensation
  10. My Attorney will receive no compensation except for the reimbursement of all out of pocket expenses associated with the carrying out of my wishes.
  11. Co-owning of Assets and Mixing of Funds
  12. My Attorney may not mix any funds owned by him or her in with my funds and all assets should remain separately owned if at all possible.
  13. Personal Gain from Managing My Affairs
  14. My Attorney is not allowed to personally gain from any transaction he or she may complete on my behalf.
  15. Effective Date
  16. This power of attorney will start immediately upon signing. Under no circumstances will the powers granted in this power of attorney continue after my mental incapacity or death.
  17. Attorney Restrictions
  18. This Power of Attorney is not subject to any conditions or restrictions other than those noted above.
  19. Severability
  20. If any part of any provision of this instrument is ruled invalid or unenforceable under applicable law, such part will be ineffective to the extent of such invalidity only, without in any way affecting the remaining parts of such provisions or the remaining provisions of this instrument.
  21. Acknowledgment
  22. I, __________, being the Donor named in this Power of Attorney hereby acknowledge:
    1. I have read and understand the nature and effect of this Power of Attorney;
    2. I am of legal age in Prince Edward Island to grant a Power of Attorney; and
    3. I am voluntarily giving this Power of Attorney.

IN WITNESS WHEREOF I hereunto set my hand and seal at the City of __________ in the Province of Prince Edward Island, this ______ of __________, _______.


SIGNED, SEALED, AND DELIVERED

     

in the presence of:

     
       

Witness: ______________________ (Sign)

     

Witness Name: ______________________

     

Address: ___________________________

   

__________________________________

___________________________________

   

__________ (Donor)

       

Witness: ______________________ (Sign)

     

Witness Name: ______________________

     

Address: ___________________________

     

___________________________________

   


NOTARY ACKNOWLEDGMENT


The Province of Prince Edward Island

City/Town __________________

On this the 5th day of May, 2016, before me, ____________________, the undersigned officer, personally appeared __________, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he/she executed the same as and for his/her respective act and deed for the purposes expressed therein.

In witness whereof I hereunto set my hand and seal.



________________________________________
A Notary Public in and for the Province of Prince Edward Island


My commission expires: ____________________


Loading ...
Loading ...

Note: Your initial answers are saved automatically when you preview your document.
This screen can be used to save additional copies of your answers.