Alberta Revocation of Power of Attorney
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.
Alberta Estate Planning Package
Prepare your will and plan for the future with this package of estate planning documents for the Province of Alberta.
This package contains the following documents:
- Alberta Enduring Power of Attorney, which lets you name someone you trust to manage your property and financial affairs on your behalf.
- Alberta Revocation of Power of Attorney form.
- Alberta Personal Directive, which allows you to give instructions regarding medical treatment and health care decisions and name an agent to make those decisions for you, in the event you are not able to communicate those instructions at some point in the future.
- Legal will kit for Canada, which includes a will form, information and instructions to help you complete your documents and ensure they meet legal requirements, an Alberta Affidavit of Witness of a Will in accordance with provincial laws, and a comprehensive estate planning questionnaire.
- Alberta Codicil to Will.
Save almost 50% off the regular price of your estate planning documents with this all-in-one downloadable package. The forms can be used by more than one person in your household.
Give yourself and your family the peace of mind that comes with knowing you have made arrangements for future eventualities.
Promissory Note with Collateral Charge on Land | Canada
Overview of the Promissory Note with Collateral Charge on Land
This form of Promissory Note is designed for situations where a lender is providing a substantial loan and requires additional security from the borrower. Intended for use in Canada, this legal document ensures that the borrower's land is pledged as collateral, offering the lender enhanced protection for the repayment of the principal amount.
Key Terms
- 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.
Governing Law
The Promissory Note with Collateral Charge on Land is governed by Canadian laws and is intended strictly for use within Canada.
Alberta Enduring Power of Attorney
Make an Enduring Power of Attorney with this template form for the Province of Alberta.
- The Enduring Power of Attorney ("EPA") allows you to name someone you trust as your attorney, to manage and make decisions regarding your property and financial affairs, including real estate, bank accounts, investments, corporate shares, taxes, bill payment and collection.
- The powers granted in this document are enduring, which means that they remain in effect until your death or until you revoke them.
- You decide 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.
- Your attorney DOES NOT have the authority to make health care or other medical decisions for you. You will need to make a Personal Directive for that purpose.
- This form contains instructions on how to sign and witness the document, as well as general notes on making a power of attorney in Alberta.
- The package 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.
- This legal form template is only to be used by persons who are residents of the Province of Alberta, Canada.
- Available in MS Word format, easy to download and use.