Do you know the difference between a Power of Attorney (POA) and an Enduring POA? The distinction is important. A POA ends if you become declared mentally incompetent as may happen from an illness or head injury in an accident. An enduring POA carries on and allows your appointed person the authority to manage your financial affairs if such a tragedy occurs. Like your will, a POA should be reviewed and updated every 5 years or right away if you’ve moved from another province. No matter your age, everyone should consider having an enduring POA in place.