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August 16 - 31, 2016 PHILIPPINE ASIAN NEWS TODAY The Notary Corner By Editha Corrales Nelson Immigration Consultant, Notary Public, Mediation / Arbitrator Many of us look forward to the future and often times we ensure that we have enough money saved up for a rainy day - a vacation perhaps or a new outfit or even for retirement (i.e. RRSP). Future planning is always in everyone’s minds. You can’t help but hear it on TV or see it on billboards INVEST for the future. As a Notary Public, it is my responsibility to inform you that a legislation has come into effect affecting all British Columbian adults. As adults, we know our capacity to manage our own affairs. However, we may not be aware (or we may not want to be reminded) that one day there may come a time our capacity to manage our own affairs could be diminished (such as those facing our dear seniors or people with life threatening illnesses or are suffering from a mental disability that render them incapable of managing their personal IMMIGRATION CORNER A17 Representation Agreements: Your wishes and desires on paper and financial affairs). This legislation is called Representation Agreement Act. The Act provides that adults may have a Representation Agreement prepared on their behalf to authorize someone they trust to be their Representative. This Representative can be given authority to make decisions about personal care, health care, and legal and financial affairs, should that Adult become mentally incapable. A Representation Agreement can be customized to the adult’s preference and the adult may specify when the Agreement will take effect and under what circumstances. The standard Representation Agreement contains straightforward decisions such as authorizing a Representative to look after the Adult’s routine financial affairs or it can deal with more complicated and complex decisions such as life supporting treatments. Representation Agreements will eventually replace enduring Powers of Attorney. Presently, many of us know that a Power of Attorney only authorizes a person to manage someone’s financial affairs but what we do not know is that the Power of Attorney does not authorize anyone to make health or personal decisions. A Representation Agreement, however, will allow for both health care and financial decisions to be made by the Representative. The Act states that its purpose is to allow Adults to arrange in advance how, when, and by whom decisions about their health care, personal care, financial affairs, or other matters will be made if they become incapable of making decisions independently. The intent is to avoid the need for the court to appoint someone. I have two very healthy 70 and 90 something grandmothers who are still spunky and full of life. However, there will come a time in their young lives that they may need someone - one of their children or one of their numerous grandchildren, perhaps to act as their respective Representative should they one day become incapable of taking care of their financial or health care affairs. They would have to one day sit with their choice of Representative (someone they trust) and discuss when certain decisions will have to be made by that Representative about their finances, personal care or health care. They may even have two or three Representatives and discuss their respective decisions with all of them. Should they choose to, they may appoint a Monitor who will ensure that the Representative(s) follow my grandmothers’ respective desires. Remember, a Representation Agreement is not solely made for seniors but everyone. We can’t take our future for granted. We have to make a conscious effort - much like we do when we save for a future event to ensure that our decisions WWW.PHILIPPINEASIANNEWSTODAY.COM about every aspect of our lives is respected, abided by and complied with should a temporary disability strike us. We have to have our desires and wishes plainly and simply put on paper for ease of reference. A Notary Public for the Province of British Columbia, Editha Corrales Nelson’s preferred areas of practice are Powers of Attorney, Wills Preparation, International Legal Documents, Affidavits, Letters of Invitation, Statutory Declarations, Drafting of Business Contracts and other notarial services. For an appointment, please call: 604-777-2757 The following should not be construed as providing legal advice and information in this column is intended only as a general guide and should not be applied to specific circumstances without further consultation. For more information on the subject, contact Editha Corrales Nelson at 604777-2757.