Power of Attorney (POA) and Joint Banking

A Power of Attorney for property (POA) gives someone you trust the power to make financial decisions on your behalf—if and when it’s necessary.
A POA can assist with your banking needs should you be unable to do so yourself.
With a joint deposit account, you and the joint owner(s) share equal access and responsibility for all transactions made through the account.



How can a Power of Attorney and/or a Joint Account assist with my banking needs?

If you’re thinking about how your finances will be managed as you age or navigate life changes, it is a good idea to plan ahead. A Power of Attorney and/or a Joint Bank Account are tools that can help you manage your money.

Add a POA today

It’s a document that gives one person (or more) the authority to manage your money and property for you.

Note: Attorneys do not have the authority to change the Donors membership or accounts to joint. Adding or changing Beneficiaries must be signed by the Donor.

It’s a deposit account held by two or more people who share ownership of the funds in the account.

Anyone who is of the age of majority could use a Power of Attorney. From an adult child going to university in another province, a hockey player attending away games, to the elderly who requires assistance with their finances.

What you need to know before applying for Power of Attorney on your account, find documents below.



Check out the Public Guardian and Trustee of Manitoba guidebook below.