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POWER OF ATTORNEY FOR PROPERTY

Much like the power of attorney for personal care a person can appoint someone to make decisions related to their “personal business” should you become mentally or physically incapable.  This document is called a power of attorney for property.  The law governs the types of decisions that are appointed to the “attorney” and thus it’s important to speak to a lawyer who has experience in creating these documents.

While continuing powers of attorney for property is not a complete answer to dealing with the business affairs and property of a person who becomes incapable, we nevertheless recommend that all clients consider executing a power of attorney for property to protect themselves and their families.

This information is a brief summary for information purposes only and is applicable only in the Province of Ontario. It is not intended to be legal advice. Full and complete legal advice can only be given by a lawyer who has detailed information about your individual circumstances.