Who can be appointed as a power of attorney?

Anyone who is over the age of 18, competent and willing can be appointed as a power of attorney. Preferably, it would be a spouse, child, children, lawyer, close relative or some other significant person in your life, whom you trust.

As this attorney must act in your best interests, they should know you well enough to understand your views on financial matters and respect the choices you would make.

Know that you can appoint several people as enduring power of attorney, as well as set rules as to whether they can make decisions separately or together.