Power Of Attorney For Property Ontario

In ontario there are three kinds of power of attorney.

Power of attorney for property ontario.

Protecting mentally incapable people. Public guardian trustee. Power of attorney for personal care. To powers of attorney for property in ontario.

A power of attorney for property is a written document in which you give someone the power to make decisions about your property and finances if you become unable to make these decisions yourself. A continuing power of attorney for property cpoa covers your financial. Choosing your attorney for property. Any office of the public guardian and trustee.

A power of attorney for property lets your attorney deal with your property on your behalf. For example your attorney for property could be responsible for taking care of your banking matters managing your investments running your business buying and selling real estate on your behalf. This booklet is not about powers of attorney for personal care. Your member of provincial parliament mpp powers of attorney and living wills.

When used in this booklet the phrases power of attorney poa and attorney all refer to powers of attorney for property only. General power of attorney for property continuing power of attorney for property and. A power of attorney is a legal document that gives someone else the right to make decisions on your behalf. This can include doing things like your banking signing cheques paying bills buying or selling real estate and buying consumer goods and services such as furniture and appliances.

Ontario s power of attorney laws. By calling 1 800 366 0335 416 314 2800 in toronto. Copies of the power of attorney kit can be obtained from. This resource is about continuing power of attorney for property.

You may want to include a statement in your power of attorney that says the attorney can only make decisions if you become mentally incapable. By making powers of attorney people can plan ahead and be confident that their plans will be carried out. There are three kinds of power of attorney in ontario. Are there different kinds of power of attorney.

Be very careful signing a power of attorney for property because unless you specify otherwise the person you name can start making decisions immediately. This booklet contains instructions and forms for a continuing power of attorney for property and a power of attorney for personal care. The ministry of the attorney general. About ontario victim services.