
Power of Attorney
A Power of Attorney (POA) allows you to appoint someone you trust to manage your financial and legal affairs if you're unable to do so yourself.
Whether you're planning for a temporary absence or potential future incapacity, a POA is an essential tool for ensuring that your day-to-day matters are handled smoothly.
Don’t wait until it's too late—reach out to us today to learn how a well-drafted POA can protect your interests and make sure everything runs smoothly.
Common Power of Attorney Questions in BC
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A Power of Attorney (POA) is a legal document that gives someone the authority to manage your financial and legal affairs if you can’t. This can include:
✔ Paying your bills
✔ Managing your bank accounts
✔ Selling or maintaining your home
✔ Handling investments and taxesIt does not cover medical decisions—that requires a Representation Agreement.
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If you ever become incapacitated due to illness, injury, or age, no one (not even your spouse or children) can automatically take over your finances. Without a POA:
Your family may have to go to court to get legal authority.
Your bills and financial matters could be left in limbo.
The wrong person may end up making decisions on your behalf.
A Power of Attorney prevents legal battles and financial stress for your loved ones.
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Your "attorney" (the person managing your finances) should be:
✔ Trustworthy – They will have full access to your money and assets.
✔ Responsible – Someone who is organized and financially smart.
✔ Willing & Able – They should understand the role and be ready to take it on.Many people choose a spouse, adult child, close friend, or a professional (such as a lawyer or trust company).
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There are two main types in British Columbia:
🔹 General Power of Attorney – Lets someone manage your finances but only while you’re mentally capable. If you become incapacitated, it automatically ends.
🔹 Enduring Power of Attorney – Stays in effect even if you become mentally incapable. This ensures your finances are taken care of if something happens to you. Most people choose an Enduring Power of Attorney for long-term security.
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Yes. You can appoint more than one person and decide if they must act together or separately. For example, you might name both your spouse and your adult child to handle decisions jointly.
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Yes, as long as you’re still mentally capable. You can revoke it anytime by signing a legal document and informing your attorney and financial institutions.
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A Power of Attorney covers financial and legal matters, while a Representation Agreement is for healthcare and personal care decisions. Many people set up both to ensure they’re fully protected.
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Setting up a Power of Attorney is easier than you think. At Mahogany Law Group, we help you:
Choose the right type of POA for your needs.
Ensure it’s legally sound and customized to your situation.
Protect yourself and your loved ones from unnecessary legal stress.

Legal Guidance for Peace of Mind
Whether you're creating a regular POA or an enduring one, legal advice ensures that your document is drafted in compliance with the law and meets your needs. Our experienced team can help you navigate this process, ensuring your financial and legal affairs are in good hands.