Does an attorney named in a Power of Attorney (POA) get paid and if so how much?

Section 24(1) of the British Columbia Power of Attorney Act provides that an attorney can be compensated if the POA expressly authorizes the compensation and sets the amount or rate. An attorney may be reimbursed from an adult’s property for reasonable expenses properly incurred in acting as the adult’s attorney: torney Act, s. 24(2).

An attorney can be compensated on the basis of an hourly rate if it is expressly set out in the POA document.`

An appointed attorney such as a bank or trust company may charge annual fees for the ongoing administration of assets that is equal to a percentage of the market value of the estate assets along with an annual fee, again based on the value of assets under its control