Agent: What you need to know before saying yes
Posted: Sun Dec 22, 2024 9:42 am
A loved one has informed you that they would like to appoint you as their agent in their protection mandate. But before saying yes, do you really know what the responsibilities and obligations are associated with this role?
A protection mandate aims to protect the interests of an incapacitated person. We are considered legally incapacitated when our state of health makes us unable to make decisions or act for ourselves.
In this essential legal document, the person can designate germany phone number one or more agents who will be responsible for making decisions on their behalf if they become incapacitated, both for their protection and for the administration of their assets. The mandate also makes it possible to provide for the powers and responsibilities of the agent(s).
However, this role comes with a number of responsibilities and tasks that are best understood before accepting.
A wide range of responsibilities
Only a protection mandate allows you to appoint those who will act on behalf of the person in the event of incapacity. Be careful, because even a power of attorney will be invalid when you are declared incapacitated. This is why agents occupy a central place in the context of a protection mandate.
It is important to know that the mandate may designate one or more agents. For example, one who will be responsible for decisions concerning the care of the incapacitated person, and the other for the management of his or her property, money and debts. The agents may also have to act jointly.
A protection mandate aims to protect the interests of an incapacitated person. We are considered legally incapacitated when our state of health makes us unable to make decisions or act for ourselves.
In this essential legal document, the person can designate germany phone number one or more agents who will be responsible for making decisions on their behalf if they become incapacitated, both for their protection and for the administration of their assets. The mandate also makes it possible to provide for the powers and responsibilities of the agent(s).
However, this role comes with a number of responsibilities and tasks that are best understood before accepting.
A wide range of responsibilities
Only a protection mandate allows you to appoint those who will act on behalf of the person in the event of incapacity. Be careful, because even a power of attorney will be invalid when you are declared incapacitated. This is why agents occupy a central place in the context of a protection mandate.
It is important to know that the mandate may designate one or more agents. For example, one who will be responsible for decisions concerning the care of the incapacitated person, and the other for the management of his or her property, money and debts. The agents may also have to act jointly.