Name someone to make decisions for you if you become unable to do so with a Power of Attorney Form for the Northwest Territories.
The Powers of Attorney Act governs the making of powers of attorney in the Territory. The Act allows for two types of power of attorney (POA) - a springing POA and an enduring POA. A springing POA becomes effective either on a specified date or upon the occurrence of a specified event (such as if you become incapacitated). An enduring POA becomes effective as soon as it is signed and continues in effect until you revoke it or until your death.
NWT law does not require you to register your power of attorney anywhere, but you should make sure that the person you appointed as your attorney has a copy. Also give a copy to any person or firm (such as your bank) which may need to rely on it.
Cancel your Power of Attorney with this Revocation of Power of Attorney form for NWT residents.
So long as you have mental capacity and can understand the impact of what you are doing, you have the right to cancel an existing Power of Attorney at any time, and revoke the powers you gave to your agent (attorney).
Once you have signed the form, give a copy of it to the attorney.
You should also give a copy to any banks, financial institutions, medical faciliti.....
Make a Springing Power of Attorney with this easy-to-use template for Northwest Territories residents.
A springing power of attorney only takes effect upon a date that you specify or upon the occurrence of a specific event, such as if you were judged mentally incapacitated. You must state the date or event in your Power of Attorney.
The form includes instructions and explanatory notes to assist you in preparing the document.