Abstract:
James and Laura Wiggins had some decisions to make. Last year, James’s father had died of a stroke. Death was not instantaneous, however, and the man had lingered in hospital for several weeks in a coma. During this time, no one had been able to access James’s father’s bank accounts (which were registered in the father’s name only). This inability to access the accounts had caused James’s mother considerable economic hardship, which impressed upon James the value of a power of attorney (POA). To that end, James asked his lawyer to prepare a power of attorney for him and Laura. James wanted Laura to sign the documents that night.
Keywords:
Personal Finance, Wills and Estates, Power of Attorney, Canada, James and Laura Case Solution
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