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Will vs Power of Attorney — Canada

A will only takes effect after death and covers asset distribution; a power of attorney takes effect during life and covers decision-making while you're still living. Must meet the jurisdiction's formal execution requirements, typically including witnesses and, in some places, notarization. By contrast: Must clearly define the scope of authority granted and comply with the jurisdiction's witnessing or notarization rules. Typical legal fees for drafting or reviewing either document in this jurisdiction run CAD $200–$500/hr lawyer rate — as with any fee estimate, confirm current rates with a local practitioner.