Powers of Attorney, Incapacity Planning and Vulnerable Clients: Everything You Need to Know

This session will cover the following topics:

Powers of Attorney for Property:

• What is a Power of Attorney for Property?
• What can attorneys for property do and not do?
• What are the requirements for a valid Power of Attorney for Property?
• What are the relevant issues surrounding mental capacity and property management?
• Are there possible alternatives to a Power of Attorney for Property for incapacity planning purposes? What are the risks associated with them?

Power of Attorney for Personal Care:

• What is a Power of Attorney for Personal Care?
• What can attorneys for personal care do and not do?
• What are the requirements for a valid Power of Attorney for Personal Care?
• What are the relevant issues surrounding mental capacity and making personal care and health care decisions?
• Are there possible alternatives to a Power of Attorney for Personal Care for incapacity planning purposes? What are the risks associated with them?

Vulnerable Clients:

• How can we identify who a vulnerable client is?
• How can when a vulnerable client may be being abused?
• What are advisors’ obligations when dealing with vulnerable clients?

Instructor(s):  

• Darren Lund, J.D., Partner at Fasken
• Demetre Vasilounis, J.D., Associate at Fasken