One important back-to-school item that most post-secondary students may not be aware of is a Power of Attorney for parents, particularly when adult children are studying away from home.
Out-of-town university or college students may still need help with day-to-day items such as banking, paying bills, or even making arrangements for rentals in their name. According to the Society of Notaries Public of BC, the only way parents can do those things for adult children is if they have Power of Attorney.
“We see situations where Power of Attorney is needed for a young adult more often than you might think,” says John Eastwood, a Delta-based Notary and President of the Society of Notaries Public of BC. “You don’t always know when a Power of Attorney will be needed, and they simplify handling financial matters.”
Powers of Attorney require the signature of both parties and can be put in place efficiently and professionally by your local Notary.
The Society of Notaries Public of BC represents more than 320 highly trained Notary professionals. Most have locally owned and operated offices and all provide personal assistance to clients around the province. Individuals, families, and businesses seek the services of BC Notaries for a wide range of non-contentious legal matters, including residential and commercial real estate transfers, mortgage refinancing, wills and advanced healthcare planning, powers of attorney, and other important documents.
Notaries’ Tradition of Trust spans 2000 years. Notaries first came to British Columbia over 100 years ago. They continue to serve their valued clients and their communities across the province.