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The Role of a Power of Attorney in Canadian Debt

Friday, December 02, 2016

A power of attorney is a person that an individual appoints through a written document in the event that he or she becomes incapable of making financial or health decisions. The assigned person does not have to work within the legal profession and, usually, tends to be a family member or close friend. However, both the individual who selects their power of attorney and the individual appointed as power of attorney may not realize what is required of such an important role in its entirety. 

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