Wills, estates & power of attorney
Continuing Power of Attorney for Property
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Continuing Power of Attorney for Property
(Prepared pursuant to the Ontario Substitute Decisions Act, 1992)
APPOINTMENT OF ATTORNEY
I, ______, residing at ______, date of birth ______, as grantor, hereby revoke all prior powers of attorney for property that I have made and APPOINT:
Attorney Name: ______
Attorney Address: ______
as my attorney(s) for property.
My attorney(s) shall have authority to act: ______.
NAMING OF SUBSTITUTE ATTORNEY
Should the person(s) I have appointed, or any of them, be unable or unwilling to serve as my attorney due to refusal, resignation, death, mental incapacity, or removal by a court, I SUBSTITUTE:
Substitute Attorney Name: ______
Substitute Attorney Address: ______
to serve as my attorney for property, holding the same authority as the person being replaced.
COMMENCEMENT DATE
This Power of Attorney takes effect immediately upon its execution by me.
SCOPE OF AUTHORITY
I AUTHORIZE my attorney(s) for property to act on my behalf in all matters relating to property that I could perform myself if capable of managing property, with the exception of making a Will, and subject to applicable law and any conditions or restrictions set out in this document. I confirm this authority continues even if I become mentally incapable.
CONDITIONS, RESTRICTIONS & INSTRUCTIONS
______
ATTORNEY COMPENSATION
Except as otherwise specified herein, I authorize my attorney(s) to receive annual compensation from my property at the rate established by the fee schedule prescribed under regulation for attorneys for property, as provided in Section 40 of the Substitute Decisions Act, 1992.
GRANTOR'S SIGNATURE
Signature: _________________________________________________
Print Name: _________________________________________________
Address: ______
Date: _________________________________________________
(Execute this document in the presence of two witnesses.)
WITNESS SIGNATURES
Witness #1:
Signature: _________________________________________________
Print Name: _________________________________________________
Address: _________________________________________________
Date: _________________________________________________
Witness #2:
Signature: _________________________________________________
Print Name: _________________________________________________
Address: _________________________________________________
Date: _________________________________________________