What shall be determined in a continuing power of attorney?Graphical version

A continuing power of attorney shall at least state:

  1. that it constitutes an authorization
  2. the matters in which the donee is entitled to represent the donor
  3. the donor and the donee
  4. that the power of attorney will come into force in case illness, deteriorating health or similar circumstances renders the donor incapable of managing his or her own affairs

The Act on Continuing Powers of Attorney (648/2007) 6 §

 

By issuing a continuing power of attorney you can make sure that somebody else will manage your financial and other affairs in the future if, for some reason, your functional capacity will deteriorate. The idea of a continuing power of attorney may seem like a distant idea, but it shows, in fact, sensible foresight.


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