Power of Attorney Oakville
Power Of Attorney Services For Oakville Residents
The Power of Attorney is a legal document that lets you the (donor) appoint one or more people (known as attorneys) to make decisions on your behalf. A power of attorney is important in many aspects. You can give specific powers to the appointed attorney by the language you use in the document. Our Power of Attorney Lawyer ensures that the powers you are giving to the Attorney match what you have in your mind.
Power of attorney can be used to:
– Authorize someone to take care of your financial or medical affairs when you are away from home
– Authorize someone to take care of your financial or medical affairs in the event you become mentally incapable.
– Authorize someone to act on your behalf in any other specific situation
Different types of Power of Attorneys:
A general Power of Attorney is a legal document that has the effect of authorizing an Attorney to take care of your finances and property on your behalf while you are mentally capable of managing your affairs.
An enduring power of attorney also referred to as continuing power of attorney is a legal document that allows your attorney to continue acting for you even after you become mentally incapable of managing your affairs. We can draft this document so that it becomes effective only when you sign it or when you become mentally incapacitated.
Other Areas of Note
Sometimes, banks require customers to sign a power of attorney. We review the form on behalf of our client. The signing of the banks power of attorney could invalidate an existing power of attorney. We also communicate with the bank to find out whether an existing power of attorney that deals with financial issues could work in the circumstance.
Not having a power of attorney in place may result to a court appointing someone to manage your financial affairs, or doctors overruling your loved one’s decisions you’ve already made about your health. We can help you plan your finances, medical care, by setting up a power of attorney now to take care and make things easier in the future while keeping control of your affairs now. Contact us and let us work together in drafting a full power of attorney in which every word represents your real intention.