Having the mental capacity required for making an Enduring Power of Attorney means that you:

• know what property you have and its approximate value;

• are aware of your obligations to the people who depend on you financially;

• know what authority you are giving to your Attorney;

• know that your Attorney is required to account for the decisions they make about your financial affairs;

• know that, as long as you are mentally capable, you can revoke (cancel) your EPA;

• understand that if your Attorney does not manage your property well, its value may decrease; and

• understand that there is always a chance that your Attorney could misuse their authority.

Centre for Public Legal Education Alberta

July 15, 2019