Leaving behind a last will and testament is very important as it allows you to decide what happens with your property and belongings upon your death. If you pass away without a will then the Ontario Succession Reform Act will dictate how the distribution is allocated.
A power of attorney is required if a person is going to be unavailable for a long period of time or if they are incapacitated, they need to select a person to make decisions on their behalf.
Your chosen power of attorney will be able to make decisions on your behalf for the following matters:
A power of Attorney under this sections is needed when you are incapable of making financial decisions, these include the following matters: