ON - Understanding the Legal Dimensions of Financial Literacy: Power of Attorney

ON - Understanding the Legal Dimensions of Financial Literacy: Power of Attorney
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Ontario edition

Power of Attorney is a legal document that gives another person the power, or right, to make decisions for you. The person you authorize to make decisions for you is called the attorney. The attorney should be someone you trust and does not need to be a lawyer.

In Ontario, there are three types of power of attorney that you can name:

1. Power of Attorney for Personal Care

2. General Power of Attorney for Property

3. Continuing Power of Attorney for Property

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National Initiative for the Care of the Elderly (NICE)
246 Bloor Street West, Room 234
Toronto, Ontario M5S 1V4, Canada