You may not always be able to look after your own affairs. Sometimes it's because you are away on business or vacation, and sometimes it's because of mobility issues, or because you do not have mental capacity to make decisions for yourself.
Whatever the reason, you can plan for any of these eventualities by making a Power of Attorney and naming someone you know and trust to handle your affairs for you when you are unable to do so.
The Enduring Powers of Attorney Act establishes what the requirements are for a valid power of attorney in Newfoundland and Labrador, and what the attorney's duties and legal obligations are with respect to exercising the authority given to him or her under an enduring power of attorney.