![]() With a Continuing Power of Attorney for Property, you can choose a person you trust to protect your property and your interests if the need arises. Someone could go to court and ask to be appointed to formally manage your property.A close relative could apply to Public Guardian and Trustee to formally take over the management of your property. The Office of the Public Guardian and Trustee could be appointed to manage your property.Friends or relatives could step in to manage some of your financial affairs without having to be your attorney.If you don’t have a Continuing Power of Attorney for Property in place, and you become mentally incapable of managing your own property, one of the following things could happen: Why you might want to have a Continuing Power of Attorney for Property Your attorney can act for you in financial dealings, such as banking, signing cheques, buying or selling real estate, and buying consumer goods. However, your attorney cannot make or change your will, or give a new Power of Attorney on your behalf. Unless you limit your attorney’s authority, they can do almost anything with your property that you could do. In Canada the word “attorney” usually does not mean lawyer, as it does in the United States. Learn more about serving documents on the government.In Ontario, a Continuing Power of Attorney for Property allows you to appoint someone to manage your finances on your behalf.Īccording to Community Legal Education Ontario, a Power of Attorney is a legal document that gives someone else the power to act on your behalf. Important: Use the above addresses if the rules require you to leave documents with the Public Guardian and Trustee. If you need to serve or provide documents for a court proceeding to the Public Guardian and Trustee, you can send them: provide you with the content within 15 business days. ![]()
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