People often think they don't need to have a Power of Attorney for Property, but in fact everyone should consider having one, especially when they are still capable of expressing their wishes.

In this episode, Power of Attorney for Property: Best Practices and Practical Considerations, our guest Laura Tamblyn Watts, CEO of CanAge, engages with us in a lighthearted, yet serious discussion, on what you need to know about making a Power of Attorney (PoA). 

In this episode you will learn:

• What a Power of Attorney (PoA) is and the importance of having one
• Define differences between PoA for Personal Care and PoA for Property
• Considerations when deciding who to designate as your attorney
• The roles and responsibilities of someone acting as an Attorney
• What decisions an attorney can and cannot make on your behalf
• How to have 'What If' conversations
• The risks and signs of financial exploitation and abuse of power
• How capacity for decision making is assessed
• How to handle decision making conflicts and options for resolutions
• Resources and support for seniors and families with questions on PoA

Until next time - Stay Vibrant!

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Episode Resources:

Let's Talk about Aging Parents: A Real-Life Guide to Solving Problems with 27 Essential <a href="https://www.indigo.ca/en-ca/lets-talk-about-aging-parents-a-real-li