By Melanie Hodges Neufeld
The following changes under The Powers of Attorney Amendment Act, 2014 went into effect January 1, 2015:
- Requiring an attorney to provide a final accounting when he or she stops acting;
- Placing restrictions on what attorneys can charge for managing an estate;
- Allowing attorneys to make gifts from an estate if the power of attorney document specifically permits it, or if the attorney has reason to believe the property owner would have done so;
- Placing limitations on the total value of gifts an attorney can make out of the estate in one year; and
- Giving the Public Guardian and Trustee the power to investigate an attorney’s management of an estate.
For more information, visit the Government of Saskatchewan news page.