WHY PREPARE A POWER OF ATTORNEY FOR PROPERTY?
A Power of Attorney for Property is a legal document that gives someone else the authority to sign documents on your behalf, sell a piece of property, close down a bank account, transfer assets from one account to another, do day-to-day-banking, sell your car, apply for a government benefit, and/or prepare a tax return.
It used to be that Powers of Attorney were only used for business purposes. A merchant in Toronto would appoint his Agent or Attorney (the word does not mean "a lawyer") in Kingston to run his business in Kingston because Kingston was a long distance by coach.
At present Powers of Attorney for Property are mostly used for estate planning purposes.
Call a Lawyer Now to Book an Appointment 905-273-3322
It used to be that Powers of Attorney were only used for business purposes. A merchant in Toronto would appoint his Agent or Attorney (the word does not mean "a lawyer") in Kingston to run his business in Kingston because Kingston was a long distance by coach.
At present Powers of Attorney for Property are mostly used for estate planning purposes.
Call a Lawyer Now to Book an Appointment 905-273-3322
