MANDATE IN CASE OF INCAPACITY

There can be many reasons for a legal declaration of temporary or permanent incapacity: intellectual impairment, a degenerative illness such as Alzheimer's disease, a major depression, incapacity following an accident, etc. And once a person has been declared legally incapable, that person cannot exercise his or her civil rights. Should this situation arise for you in the future, there are steps you can take now that will protect the dignity of your person at that later time.

DECIDE WHO'LL MANAGE YOUR AFFAIRS...AHEAD OF TIME

The best time to draw up an incapacity mandate is now, while you're in full possession of your faculties. When you entrust the administration of your assets to National Bank Trust, you'll be making sure that no one else can decide for you. You can appoint a relative or friend to care for you and at the same time appoint our multidisciplinary team to manage your investments and property, and to make payments incurred by your obligations.

RESPONSIBILITIES OF THE MANDATARY IN THE EVENT OF INCAPACITY

Property administration for a minor or incapable person can be complex, so there are a number of benefits to turning this function over to us. In addition to dealing with a large, recognized and reliable trust company that has a reputation for integrity and impartiality, you'll have more time to:

• look after the welfare of the person you are protecting;
• take advantage of the full range of services you need, thanks to a multidisciplinary team of specialists, that includes notaries, lawyers, tax experts, portfolio managers and financial planners;
• avoid potential conflicts of interest and emotionally-charged family situations;
• consolidate the assets of the person in a single location;
• optimize the return on the investments of that person while ensuring capital preservation;
• avoid having to provide collateral security in order to carry out your obligations when the value of the property to be administered exceeds the legally stipulated amount;
• have the certainty that you are following all applicable legislative provisions at all times;
• avoid auditing and financial-statement fees;
• take advantage of the fact that our fees, in most cases, are tax deductible.