Best Real Estate Lawyers in Nepean, ON

New post: Power of Attorney in Ontario: Choosing the Right Person to Manage Your Affairs - Planning for the management of your financial affairs and personal care is an essential aspect of preparing for the future. One aspect of this planning is appointing a Power of Attorney in Ontario, which ensures that someone you trust can make critical decisions on your behalf in the event you become incapacitated or unable to do so yourself. By working with Ontario Wills, you will receive quality legal advice from experienced Ontario lawyers, guiding you through the process via convenient videoconference consultations. In this informative blog post, we will delve into the significance of designating a Power of Attorney in Ontario and explore strategies to help you select the right person to manage your affairs responsibly and according to your wishes. We will outline the differences between Powers of Attorney for Property and Powers of Attorney for Personal Care, underscoring the essential considerations to keep in mind as you make this crucial decision. TYPES OF POWER OF ATTORNEY IN ONTARIO 1. POWER OF ATTORNEY FOR PROPERTY A Power of Attorney for Property grants a designated person the authority to manage your financial affairs, including handling bank accounts, investments, and real estate transactions. The scope of authority can be broad or limited, depending on your preferences and circumstances. A Continuing Power of Attorney for Property remains in effect if you become ...