You can stipulate in the power of attorney what, if anything, your attorney should be paid. Traditionally, if you did not mention compensation, your attorney could charge you a "reasonable fee" for the work they did for you. What was reasonable depended on the skill and ability displayed by your attorney, the time they spent performing duties, the size or complexity of your holdings, the care and responsibility required, and other such factors.
Changes to the law in 2015 made the issue of payment clearer. If your power of attorney does not mention what your attorney should be paid and a judge hasn't made an order regarding what your attorney can pay themselves, then:
- your personal attorney can only charge you a maximum of $15/hour for the time spent managing your personal affairs; and
- your property attorney can only charge you up to a certain percentage for managing your financial affairs (currently that maximum percentage is 2.5% of the money received by you each month and 2.5% of the payments made on your behalf each month).
Your attorney does not have to charge you a fee. However, if your attorney charges you a fee, they must account to you for that fee each year. If you no longer have mental capacity, the attorney must provide this accounting to the person you named for this purpose in your power of attorney or, if no one is named, to your most immediate and available family member and the Public Guardian and Trustee. As of 2015, your attorney must also render a final accounting when you pass away, cancel your power of attorney or when your power of attorney is terminated for some other reason.
Please see the Public Legal Education Association of Saskatchewan (PLEA) website for more information.