© 2013 mary_plan_f+l.pdf · divorce) or to manage any legal proceedings on her behalf. ......

©2013www.nidus.ca

• Aprovince‐widenon‐profit,charitableorganization,inBritishColumbia.

• Aproviderofeducationandfacilitationforpersonalplanning,andwithspecificexpertiseonRepresentationAgreements.

• TheoperatorofaRegistryforpersonalplanningdocuments.

Nidus is the Latin term for nest: A symbol of safety, support and self-development.

Thisslideshowgivesbasicinformation.• Whatlegaldocumentscancoverfinancialandlegalaffairs?

• WhatifsomeoneisnotcapableofmakinganEPA?

• WherecanIgetmoredetails?

Nidus thanks the United Way of the Lower Mainland for its 3-year grant (2012 – 2015) to promote seniors independence through personal planning.

Nidus’missionistoenableadultsinB.C.tousepersonalplanningtostayinchargeoftheirlivesintheeventtheirmentalcompetencyiscalledintoquestion.Beinglabelledincompetent=beinginvisible.

Personalplanningisaboutmakingarrangementsintheeventyouneedhelpmakingdecisionsormanagingyouraffairsduringyourlifetime.

Estateplanningisaboutmakingarrangementsforafteryourdeath(forexamplemakingaWill).

Personalplanningisvoluntary– justlikeestateplanning.

• MaryhasAlzheimer’sDisease.MaryrequiresconsiderablesupportfromJohnwithdailylivingactivities aswellasmanagingfinancialaffairs.

• John’sgreatestconcernsare:‘DoIhaveenoughauthoritytocarryoutMary’swishesandwhowillsupportMaryifsomethinghappenstome?’

• Johnalsowantstoensuresomeonecancarryouthiswishesifhegetsillorinjured.

• MaryneedshelpTODAY,becausesheisnotcapableofmakinginformeddecisionsonherown.> Marywillalsoneedongoinghelp.

• JohnisplanningfortheFUTURE.Johnwantstoplannowincasehebecomesincapablelater.

Legalandfinancialaffairscanbecoveredbytwodifferentdocuments.

• AnEnduringPowerofAttorney.OR• ARepresentationAgreementSection7(RA7)– forroutinefinancialandlegalaffairs.

AnEnduringPowerofAttorney(EPA)ismorecomprehensivethantheRA7– itcoversmoreauthorities.

• Mostpeople,likeJohn,whocanmanagetheirownfinancesnow,willmakeanEPAincasetheybecomeincapableintheFUTURE.

• TheEPAhasspecificcapabilityrequirements– thereare6itemsthatyoumustunderstand.

TomakeanEPA,youmustunderstand:

• Thepropertyyouownanditsapproximatevalue;

• Theobligationsyouowetoyourdependents;

• Thatyourattorneywillbeabletodoonyourbehalfanythinginrespectofpropertythatyoucoulddoifcapable,exceptmakeawill,subjecttotheconditionsandrestrictionssetoutintheEPA;

• That,unlesstheattorneymanagesyourbusinessandpropertyprudently,theirvaluemaydecline;

• Thattheattorneymightmisusetheirauthority;and

• Thatyoumay,ifcapable,revoke(cancel)theEPA.

• MarydoesnotmeetthecapabilityrequirementsfortheEPA.Herdementiaisatanadvancedstageandsheisnotabletounderstandallsixitems.

• MarywillmakeanRA7tocoverroutinefinancialandlegalaffairs.

Mary will make a Representation Agreement Section 7 so John will have legal authority to help her with financial and legal affairs.

WithanRA7,therepresentativeisauthorizedtoassistMaryortoactonMary’sbehalfforlegalaffairs,forexample:

• Gettinglegalhelpandadvice.

• Hiringorinstructingalawyertobeginproceedings(exceptdivorce)ortomanageanylegalproceedingsonherbehalf.

• Settlinganinsuranceclaim(e.g.– withICBCinthecaseofacaraccident).

• RepresentingherinCourt.

WithanRA7,therepresentativeisauthorizedtoassistMaryortoactonMary’sbehalfforroutinefinancesasdefinedintheRepresentationAgreementActRegulation,forexample:

• Banking.

• Applyingforormanagingbenefits.

• Sellingavehicle.

• Managinginvestments.

• Re‐directingthemail.

• DealingwithCanadaRevenue.

AnextrasafeguardisrequirediffinancesareincludedintheRA7‐ eitherappointamonitorORtworeps.whoactjointlyforfinances.Thesafeguardiswaivediftherepresentativeisyourspouse.

ArepresentativedoesNOThaveauthorityto:

• Dealwithrealestatematters.

• Actasanofficerordirectorofacorporationtheadultownsorserveson.

• Makeriskyinvestments(daytrading,stockmarket).

• Makeagiftorloanoftheadult’smoneytoanotherperson.

TheseauthoritiescanbecoveredinanEnduringPowerofAttorney,whichrequiresyouunderstand6itemsinordertobeconsideredcapable.

AnEnduringPowerofAttorney(EPA)isalegaldocumentmostpeoplewillusetocovertheirfinancialandlegalaffairswhenplanningforthefuture.

• AnEPAdoesNOTcoverhealthcareorpersonalcaredecisions.> EvenifyourEPAhaswordingthatreferstohealthcare,itdoesnotapply.

John makes an RA9 to cover health care and personal care.

AnEnduringPowerofAttorneycanbeineffectwhileyouarecapableand ifbecomeincapable.Includingbothisrecommendedbylawyerswhospecializeinthisarea.

• Thisisusefulifyouarephysicallyunabletomanageyouraffairs– bedridden,onvacation.

• Italsoallowsforleastintrusiveinterventionofsupportatearlierstagesofdementia.

AnEPAcancover:

• ThesamefinancialandlegalauthoritiescoveredintheRA7.

• Dealingwithrealestatematters.

• Actingasanofficerordirectorofacorporationtheadultownsorserveson.

• Makingriskyinvestments– mustbestatedinthedocument.

• Makingagiftorloanoftheadult’smoneytoanotherperson– mustbestatedinthedocument.

WhatisthedifferencebetweenPowerofAttorneyandEnduringPowerofAttorney?

• SeeNidusfactsheet.

Gotowww.nidus.ca–Information– EnduringPowerofAttorney– Resources

ARepresentationAgreementSection7(RA7)isalegaldocumentspecificallydesignedforadults,likeMary,whosecapabilityisinquestionandwhoneedhelpmakingdecisionsandmanagingtheiraffairs.

• Thiscouldbeduetoashort‐termillnessorinjury.

• Thiscouldalsobeduetoalongertermdiseasesuchasdementiaoramorepermanentsituationsuchasanacquiredbraininjuryoradevelopmentaldisability.

IfJohndoesnotownrealestateanddoesnotneedtheotherauthoritiesthatareonlycoveredbytheEPA,hecouldchoosetomaketheRA7forroutinefinancialandlegalaffairs.

PlanningfortheFUTURE?

• ReadtheEPAfactsheet.Gotowww.nidus.ca – Information– EnduringPowerofAttorney–FactSheet.

• GotoalawyerornotarypublictomakeanEPA.

• YoucanregisteryourcompletedEPAwiththeNidusPersonalPlanningRegistry.

• MakeandregisteranRA9tocoverhealthcareandpersonalcare.Seetheslideshowatwww.nidus.ca – Self‐Help– MakingRA9.

AreyouhelpingsomeonetomakeanRA7?

• Gotowww.nidus.ca – Self‐Help– MakingRA7.SeetheSlideshow– MarymakesandregistersRA7.

• NolegalprofessionalisrequiredfortheRA7.

• ForMary,whoneedshelpTODAY,theRA7cancoverallareas– legal,financial,healthcareandpersonalcare.

Notsurewheretostart?Nidusoffers20minuteinformationappointments.

• Gotothewebsite– rightsidebar.

• ClickonBookNowtogototheappointmentcalendar– selecttypeofappointment.

> In‐personappointmentsinVancouver,Tuesdays,between10am‐noon.

> Phoneappointments,Thursdays,between1pm‐3pm.

• Feeis$25.00,slidingscaleforlowincome.Paybycredit/debitcardonlineorcheque.