Power of Attorney
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Brief Definition
Brief Definition
A Power of Attorney (POA) is a legal document representing a written authorization given to another person to act on your behalf in private, business or legal matters. It is an excellent option to hand over your responsibilities to a person you trust in case you come across uncertain situations in the future where your decision-making capability is hampered.
Parties Involved
The person authorizing another to act is known as the ‘principal grantor’ of the power, while the person authorized to act is known as the ‘agent’, sometimes also called an ‘attorney’ or a ‘representative’.Why is a POA Required?
A Power of Attorney is mainly made for situations in which you need someone to make the decisions if you’re experiencing difficulties in management or feel that you’ll be medically unfit in the near future, rendering you incapable of making sound decisions.Types of Power of Attorney
There are two types of Power of Attorney that are made: Power of Attorney for Property and Power of Attorney for Personal Care (or Health).
Let’s see what each of them is for.
Parties Involved
The person authorizing another to act is known as the ‘principal grantor’ of the power, while the person authorized to act is known as the ‘agent’, sometimes also called an ‘attorney’ or a ‘representative’.Why is a POA Required?
A Power of Attorney is mainly made for situations in which you need someone to make the decisions if you’re experiencing difficulties in management or feel that you’ll be medically unfit in the near future, rendering you incapable of making sound decisions.Types of Power of Attorney
There are two types of Power of Attorney that are made: Power of Attorney for Property and Power of Attorney for Personal Care (or Health).Power of Attorney for Property
A Power of Attorney for Property grants the person mentioned in the document the power to make decisions about your property and finances if you want someone else to manage them or you feel you are or may become medically unable to manage them in the future.
You can give this type of Power of Attorney to someone for a limited time in situations such as when you’re travelling to another country for a short while. The property mentioned in the Power of Attorney could include your money, house, and anything else that may or may not be of high financial value.
A Power of Attorney for Property is usually made for business or short-term purposes. After the laws pertaining to this were modified in 1996, the majority of people who choose to make a Power of Attorney for Property mostly go for a Continuing Power of Attorney for Property.
A Power of Attorney for Property grants the person mentioned in the document the power to make decisions about your property and finances if you want someone else to manage them or you feel you are or may become medically unable to manage them in the future.
You can give this type of Power of Attorney to someone for a limited time in situations such as when you’re travelling to another country for a short while. The property mentioned in the Power of Attorney could include your money, house, and anything else that may or may not be of high financial value.
A Power of Attorney for Property is usually made for business or short-term purposes. After the laws pertaining to this were modified in 1996, the majority of people who choose to make a Power of Attorney for Property mostly go for a Continuing Power of Attorney for Property.
Power of Attorney for Personal Care
A Power of Attorney for Personal Care allows the person mentioned in the legal document to make decisions about your health and well-being if you’re incapable of doing so or feel you will be incapable in the future. If you’re going to make a Power of Attorney for Personal Care, ensure that you appoint a trustworthy person as your attorney since that person will be responsible for making critical decisions about your personal life, including whether you should live or die.
In the document, you can mention if you don’t want a particular treatment if you fall critically ill. As per regulations, the medical service providers must obtain the consent of all the substitute decision-makers before providing any treatment.
You can appoint anyone as your attorney for personal care except someone that is being paid to provide you with medical, social, support, training, or residential services unless that person is your spouse, partner or relative.
You also have the option of appointing more than one attorney for personal care. They will act jointly regarding any decision to be taken concerning you, but they must all agree on the decided course of action. You may also mention any particular instructions, restrictions and conditions in the Power of Attorney that your attorney will be bound to adhere to.
To get in touch with us, please fill out the inquiry form on our website’s home page or email us your address, contact details, and requirements at info@Notarizers.ca and we will get back to you as soon as possible or call us at 1-888-672-7266.
A Power of Attorney for Personal Care allows the person mentioned in the legal document to make decisions about your health and well-being if you’re incapable of doing so or feel you will be in the future. If you’re going to make a Power of Attorney for Personal Care, ensure that appoint a trustworthy person as your attorney since that person will be responsible for making critical decisions about your personal life.
In the document, you can mention if you don’t want a particular treatment if you fall critically ill. As per regulations, the medical service providers must obtain the consent of all the substitute decision-makers before providing any treatment.
You can appoint anyone as your attorney for personal care except someone that is being paid to provide you with medical, social, support, training, or residential services to you unless that person is your spouse, partner or relative.
You also have the option of appointing more than one attorney for personal care. They will act jointly regarding any decision to be taken concerning you, but they must all agree on the decided course of action. You may also mention any particular instructions, restrictions and conditions in the Power of Attorney that your attorney will be bound to adhere to.
Charges
We charge $40 for the first notarization and $15 for each subsequent notarization. Our fees range from $8 to $40 per notarization, depending on the number of documents you are notarizing, with the fees reducing based on the number of documents. To find out more about our Power of Attorney services and set up an appointment, call us at 416-782-5926 or 1-888-672-7266 (toll-free).
Business hours
11am – 6pm Monday to Friday
1pm – 5pm on Saturdays or any other time by appointment.
Contact us:
94 Via Bagnato, Toronto, Ontario, M6A 2S1 CANADA
(Located Across the Playground Behind Shoppers Drug Mart at 770 Lawrence Ave W)(The Road that leads to Shoppers Drug Mart at 770 Lawrence Ave W is called Via Bagnato)
(We are in one of the Commercial Units of the Treviso 3 Condo at 3091 Dufferin Street. The Road at the
Back of the Condos is Called Via Bagnato. Please Drive in or Walk in Through the Shoppers Drug Mart
road at 770 Lawrence Avenue W)
Tel:416-782-5926 Fax: 416-782-2286, Email: Info@Notarizers.ca
