Written by: Kemi Ibitoye
Power of Attorney
noun. A Power of Attorney is a legal document that allows someone to make decisions on behalf of another person.
There are two types of Powers of Attorney:
- Power of Attorney for finances/property
- Power of Attorney for personal care
Choosing your attorney for your Power of Attorney document is never an easy task.
However, here are some qualities you may want to consider to guarantee that your Power of Attorney is fulfilled according to your wishes.
Money Smart
Oftentimes when you are choosing someone to handle your finances you should seek someone who already has their financial affairs all sorted out for themselves. Assigning someone who has already shown that they are financially responsible for themselves can give you confidence that they can do the same with your assets.
Location
Choosing someone who is local and close to you is important, as a person who lives in another country or province may find it difficult to execute your requests and their ultimate responsibilities. Choose someone who knows your local systems and laws within your personal jurisdiction.
Flexible Schedule
The role of being someone’s attorney in a POA can be very time-consuming and can be considerably difficult for very busy individuals. It is important to select someone who would have sufficient time to meet crucial deadlines and fufill the role effectively.
Conclusion
In summary, when trying to select an attorney for your POA, try to choose someone who is financially responsible, lives relatively close to you, and has a flexible schedule or sufficient time to handle your affairs.
Ibitoye Law Office
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