Power Of Attorney Compensation Nova Scotia

This document should not be confused with either a last will and testament or simply a will or a living will.

Power of attorney compensation nova scotia.

A last will and testament makes key appointments and describes the distribution of your estate after you have died. A power of attorney is a document which gives another party the legal authority to act on your behalf in order to manage your legal and financial affairs. Existing power of attorney 6 nothing in this act affects a power of attorney given before the twenty fifth day of may 1988 except that such a power of attorney if in force on that day continues in force as if given on or after that day and the provisions of this act apply to it. Your power of attorney may be valid if it was made outside nova scotia.

Scotia private client group consists of private client services from the bank of nova scotia the bank of nova scotia trust company scotia cassels investment counsel limited scotia cassels u s. The power given can be very broad to allow complete control over all your finances and property or it can be limited to a specific task. When a customer. Is a power of attorney made outside of nova scotia valid here.

The legal requirements of powers of attorney change from province to province and outside of canada. Attorney compensation compensation executors passing of trustees and executors accounts poa compensation power of attorney trustee trustee compensation. Information and sample form this is the document you are reading now the document walks you through how to fill out the sample. To find out for sure ask a nova scotia lawyer to see if it meets the requirements of the law here.

My wife and i have are agents under my 86 year old mother s durable power of attorney. A power of attorney is a written document by which an individual the grantor appoints someone. Please be advised that this form may not be appropriate for use by all persons as it provides only one option of how an enduring power of attorney may be made. A financial power of attorney appoints somebody to take care of your financial affairs while you are alive but usually after you have lost capacity.

A power of attorney is crucial to have when planning for future incapacity or extended absences from home. Scotiabank is committed to providing its customers with the highest level of service. Is an agent under a power of attorney entitled to compensation. Schedule 6 nova scotia form of enduring power of attorney for property and related matters the use of this form is voluntary.

About angela casey angela is a partner at de vries litigation llp.