Alberta Personal Directive Form

Cancel your Power of Attorney with this free Revocation of Power of Attorney form for Alberta 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).
• You can use this Revocation form to cancel both general and enduring powers of 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 facilities, etc. that had a copy of your original Power of Attorney.
• The form should be signed in front of a witness, and includes an Affidavit of Attestation to be sworn by the witness.
• This is a free downloadable legal form intended for use in the Province of Alberta, Canada.

Protect your future and your loved ones with a complete Alberta Estate Planning Document Package — Will, Power of Attorney and Personal Directive Forms.

Planning ahead is one of the most important steps you can take to protect your family, your finances, and your personal wishes.

This comprehensive Alberta Estate Planning Package includes the essential legal documents you need to prepare for unexpected events, manage your affairs if you become unable to do so, and ensure your wishes are respected.

Designed specifically for residents of the Province of Alberta, this convenient downloadable package includes professionally prepared templates for a Will, Enduring Power of Attorney, Personal Directive, Revocation of Power of Attorney, and Codicil to Will.

These editable documents allow you to create, update, and organize your estate planning documents from the comfort of your own home.

What is included in the Alberta Estate Planning Package?

1. Alberta Enduring Power of Attorney

An Enduring Power of Attorney allows you to appoint a trusted person (your attorney) to manage your financial and property matters if you are unable or choose not to manage them yourself.

This document can help ensure that someone you trust has the authority to handle important financial and legal matters, including:

• Managing bank accounts and investments
• Paying bills and expenses
• Handling real estate and property matters
• Managing business and financial transactions
• Dealing with government agencies and other organizations

An Enduring Power of Attorney is an important part of an Alberta estate plan because it allows you to choose who will act on your behalf rather than leaving decisions to be made without your input.

2. Alberta Revocation of Power of Attorney Form

This Revocation of Power of Attorney form allows you to formally cancel a previously granted Power of Attorney.

Use this document when you want to terminate an existing appointment and no longer wish the named attorney to have authority to act on your behalf.

3. Alberta Personal Directive

An Alberta Personal Directive allows you to provide instructions about your personal care and health care decisions and appoint someone you trust to make decisions for you if you become unable to communicate or make those decisions yourself.

Your Personal Directive can address important personal matters, including:

• Medical treatment preferences
• Health care decisions
• Living arrangements
• Personal care choices
• Appointment of a decision-maker (agent)

A Personal Directive is a key part of future planning because it ensures that someone you choose can make personal decisions according to your wishes.

4. Legal Will Kit for Canada (Including Alberta Requirements)

This comprehensive Canadian Legal Will Kit provides the information, instructions, and forms needed to prepare your own legally structured will.

The Canadian Will Kit package includes:

• A customizable Last Will and Testament template
• Step-by-step information and instructions
• Guidance to help you complete your will correctly
• Alberta Affidavit of Witness of a Will form
• Comprehensive estate planning questionnaire

Creating a will allows you to:

• Decide how your property and assets will be distributed
• Name beneficiaries
• Appoint an executor to administer your estate
• Provide instructions regarding your final wishes
• Help reduce uncertainty and stress for your family

5. Alberta Codicil to Will

An Alberta Codicil to Will allows you to make certain changes or additions to an existing will without preparing an entirely new document.

A codicil may be useful when you need to update your estate plan because of changes such as:

• Adding or removing a beneficiary
• Changing an executor
• Updating specific gifts or instructions
• Reflecting changes in your personal circumstances

Why do you need an Alberta estate plan?

Many people put off estate planning because they assume it is only necessary for older adults or people with significant assets. In reality, every adult can benefit from having documents that explain their wishes and appoint trusted decision-makers.

Without proper planning, your family may face additional stress, delays, or uncertainty when dealing with your financial affairs, health care decisions, or estate administration.

A complete Alberta estate plan can help you:

• Protect your family and loved ones
• Maintain control over important decisions
• Choose who manages your affairs if you cannot
• Clearly communicate your wishes
• Make future decisions easier for those close to you

Save $$ with a complete Alberta estate planning package

Purchasing this all-in-one Alberta Estate Planning Package saves almost 50% compared with purchasing each document separately.

These downloadable forms are reusable and can be used by more than one person in your household, making this an affordable and practical way to organize your estate planning documents.

Prepare your Alberta will, Power of Attorney, and Personal Directive today and gain the peace of mind that comes from knowing you have planned for the future.

Are you lending a large sum of money? Have the borrower put up land as collateral under this Promissory Note form for Canada.

When would I use the Promissory Note form?

This Promissory Note is designed for situations where a lender is providing a substantial loan and requires additional security from the borrower. The borrower pledges a parcel of land as collateral, offering the lender enhanced protection for the repayment of the principal amount.

Key Terms of the Promissory Note

• Supplementary Security. The collateral charge on the land is established to serve as supplementary security for the lender. The lender holds this charge as a guarantee for the repayment of the principal amount specified in the Promissory Note.
• Interest. Interest on the outstanding balance is calculated at a floating rate. This rate is determined by the current prime lending rate of the lender's chosen bank, ensuring that interest charges are responsive to prevailing market conditions.
• Prepayment Conditions. The borrower has the option to prepay the outstanding balance at any time. There are no penalties, premiums, or additional fees imposed for early repayment of the loan amount, providing flexibility and convenience for the borrower.

Document Format and Usage

This template is available in Microsoft Word format, making it simple to download, complete with your specific details, and print for immediate use.

The form was prepared by legal professionals, so you can download and use it immediately without worry.

Governing Law

The Promissory Note with Collateral Charge on Land is governed by Canadian laws and is intended strictly for use within Canada.

Make your Enduring Power of Attorney with this template form for the Province of Alberta.

Why should I make a power of attorney?

The Enduring Power of Attorney ("EPA") allows you to name someone you trust to act as your attorney or agent, to manage your property and financial affairs if you are not able to do so. The attorney's authority would include real estate, bank accounts, investments, corporate shares, taxes, bill payment and collection.

What does "enduring power of attorney" mean?

The powers granted in this document are enduring, which means that they remain in effect until your death or until you revoke them. You can specify if the EPA will take effect immediately or only after a specified future event, such as if you become mentally incapable of making decisions for yourself.

Does this power of attorney include health care decisions?

No. This document DOES NOT give your attorney the authority to make health care or other medical decisions for you. You will need to make a Personal Directive for that purpose.

What is included in this form?

The Alberta Enduring Power of Attorney contains instructions on how the document must be signed and witnessed, as well as general notes on making a power of attorney in Alberta.

The package also includes two forms of Affidavit of Attestation for the witness. One is for witnessing the donor's signature and one is for witnessing someone else signing on behalf of the donor.

Format and Use of the Template

This Enduring Power of Attorney template is available in MS Word format and can be used by more than one person in your household. Pay once, use as often as needed.

This legal form template is only to be used by persons who are residents of the Province of Alberta, Canada.