The Orillia OPP is asking the public to seek legal advice or do their research when choosing power of attorney.
The Orillia OPP have had several heartbreaking occurrences where people have lost money or valuables and in some cases a substantial amount of money.
Talking about power of attorney and appointing one can be a difficult and sometimes awkward but an important conversation. When deciding a POA it is advisable to seek advice from a lawyer. If you do not seek legal counsel then some research should be done. There are many resources on the internet. A good source of information can be found at: www.attorneygeneral.jus.gov.on.ca.
Picking a power of attorney can be difficult. When picking a POA pick someone who is trustworthy, honest and will meet your needs when you cannot. It is recommended that you pick more than one person to be a POA and those people not be a married couple. This is so that a joint decision can be made when it comes to what is best for you.
When you sign power of attorney please continue to monitor your financial assets including properties and bank accounts. If you notice something is awry please contact your lawyer, police or family members right away. Do not let it get to the point where you are in a financial situation that is hard to get out of. Knowing your rights when it comes to POA is important; you can revoke POA anytime as long as you take the proper proceedures.
Having the feeling of being safe and secure in your golden years is important. You worked hard for your money and made sacrifices so you should be able to enjoy the money while you can and have the money for when you’re unable to care for yourself but are in need of food and shelter.
If you suspect elder abuse either physical or financial please call the police at 1-888-310-1122 to report these instances. Our parents, grandparents and relatives deserve to be safe and secure. Remember it’s not your fault and you don’t deserve it.