A power of attorney, which allows you to give someone you trust the authority to act on your behalf, may be necessary for any number of reasons.

Note that a power of attorney and a protection mandate are not the same thing. You use a power of attorney to name one or more people to act in your interests even though you are fully capable. You use a protection mandate to name one or more people to take care of you or manage your affairs if you become incapable of doing so yourself. 

A power of attorney covers only the administration of assets. It typically authorizes someone to carry out everyday administrative tasks on your behalf, like:

  • Paying your bills
  • Doing your banking
  • Signing a lease
  • Selling an immoveable
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