Law 2101 Lecture Notes - Life Insurance
Document Summary
1992, c. 30, part 1: the continuing poa may be in the prescribed form (the normal form for a (page pw-2 in your book) Poa, but it is not required: effect, a cpoa authorizes the attorney(s) to do anything that the grantor can do with respect to property, limitations, grantor can put restrictions in the cpoa. The cpoa cannot make any gifts or loans to your relatives or friends. The cpoa cannot make changes to life insurance and. It is up to the lawyer to determine whether the person has capacity (to pick up whether there is something wrong) they may ask to have a note from a doctor. Cpoa; or express intention that authority may be exercised during the grantor"s incapacity to manage property: eg. a woman has alzheimer"s, but has given poa to her child to look after her banking for her. The children"s lawyer (like the public guardian and trustee for children)
