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British Columbia Power of Attorney Form

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British Columbia Power of Attorney Form Page 2
British Columbia Power of Attorney Form
Page 2 of 3
5. Ratification, Revocation and Indemnification: I hereby ratify and confirm all acts and things which my Attorney(s) shall do or cause to be
done under or by virtue of this power of attorney. The Bank may continue to deal with my Attorney(s) until a written notice of revocation of
this power of attorney has been given to the branch of the Bank at which my account(s) is kept. I will indemnify the Bank and hold the Bank
harmless from all losses, costs, fees, damages, expenses, claims and liabilities whatsoever that the Bank may suffer or incur or that may be
brought against the Bank as a result of the Bank acting upon the instructions of my Attorney(s) pursuant to this power of attorney.
SECTION 6 BELOW GRANTS AN ENDURING POWER OF ATTORNEY WHICH WILL ALLOW THIS POWER OF ATTORNEY TO BE
EXERCISED DURING YOUR MENTAL INCAPACITY. IF YOU DO NOT WISH TO GRANT AN ENDURING POWER OF ATTORNEY, YOU
MUST DELETE AND INITIAL SECTION 6.
(Delete and initial
section if not
desired)
6.
Enduring Power of Attorney: It is my intention and I so authorize my Attorney(s) that this authority shall be exercised when I am capable
of making decisions regarding my financial affairs and the authority of my Attorney(s) shall continue despite my incapability.
7. Acknowledgement of Mental Capacity: I acknowledge and am aware of the following:
(a) I know what kind of property I have and its approximate value;
(b) I am aware of obligations owed to my dependents;
(c) I understand that my Attorney(s) will be able to do on my behalf anything in respect of my financial affairs that I could do, if capable,
except for making a will, subject to any terms and conditions set out in this document;
(d) I understand that unless my Attorney(s) manage my business and property prudently, their value may decline;
(e) I understand that my Attorney(s) might misuse their authority; and
(f) I understand that I may, if capable, revoke this enduring power of attorney.
Executed at
this
day of
,
.
If this is an enduring power of attorney, it must be executed in the presence of two witnesses, each present at the same time, except only one witness is
required if the witness is a lawyer or a member in good standing of the Society of Notaries Public of British Columbia.
If this is not an enduring power of attorney, only one witness is required.
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Signature of witness*
Signature of witness*
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Print name
Print name
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Print address
Print address
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Signature of Donor
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Print occupation
Print occupation
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*If this is an enduring power of attorney, the signature of a witness is the witness’ acknowledgement that the witness has no reason to believe that the Donor
is incapable of giving this enduring power of attorney, and that the witness is not:
(a) a person named in the enduring power of attorney as an attorney;
(b) a spouse, child, parent, employee or agent of a person named in the enduring power of attorney as an attorney;
(c) a person who is not an adult;
(d) a person who does not understand the type of communication used by the adult; unless the person receives interpretive assistance to
understand that type of communication.
(“spouse” means a person who (a) is married to another person and is not living separate and apart from the other person, or (b) is living with another
person in a marriage-like relationship, including a marriage-like relationship between persons of the same gender )
British Columbia Power of Attorney Form