Can I make a power of attorney?
You must be at least 18 years old and mentally capable.
You are mentally capable of making a power of attorney if you:
- know what property you have and roughly what it is worth,
- know if someone depends on you financially and what you need to do for them,
- know what power you are giving your attorney,
- know that your attorney must be able to explain what they do with your money and property, and
- know that as long as you are mentally capable, you can cancel your power of attorney.
As well, to be mentally capable, you must understand that:
- your property could lose value if your attorney does not do their job well, and
- your attorney might act in ways that are not proper, such as using your money for themselves.