Power of Attorney or Joint Account

Many Canadians are anxious about how to manage their money, property, and finances as they age or as life changes take place. They worry about what will happen if they become unable to deal with their own finances. Planning ahead for a time when you may need help managing your affairs will allow you to feel more prepared.

Two tools often used for managing financial affairs are Powers of Attorney (POA) and joint bank accounts. For more detailed information on POA and joint bank accounts, view this informational brochure What every older Canadian should know about Powers of Attorney and Joint Bank Accounts.
 

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