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Power of attorney: Tips for choosing the right attorney for property (and what to do if you’re appointed)

Power of attorney: Tips for choosing the right attorney for property (and what to do if you’re appointed)

Whether you’re a person with dementia or a caregiver, it’s important for Canadians to include plans for a power of attorney in their future and financial planning.  In today’s guest blog from RBC Wealth Management, Royal Trust, learn more about choosing the right attorney for property, as well as what to do if you are chosen as one. Did you know that who you choose to be your attorney(s) for property and for personal care is just as important as the…

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Why you should have Powers of Attorney

Why you should have Powers of Attorney

As we live our day-to-day lives, we sometimes overlook the planning that we should be doing to help protect ourselves, our wishes, our assets and the people we care for. Though it may not be pleasant to think about, making plans now to ensure you are protected in the event of future incapacity is smart planning and can provide much needed peace of mind. Part of that planning includes creating Powers of Attorney (POA). This article discusses the different types…

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The essential checklist to take to the bank

The essential checklist to take to the bank

This story first appeared on alzlive.com, a web site devoted to the unpaid family caregivers of those living with dementia. Visiting a bank or other financial office can be challenging. Even in today’s electronic world some financial matters need to be handled in person at the financial institution. Keeping an individual with early or mid-stage Alzheimer’s participating in the management of their money for as long as possible is an important part of ensuring their voice is heard and their dignity…

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