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 will allows you to decide the following:

  • Who is entitled to your property
  • Who will manage your finances and estate
  • How to distribute personal belongings
  • Deciding who is to take care of or be guardians for young children
  • Overall to avoid confusions and disputes following your passing

Power of Attorney for Personal Care

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:

  • Your personal healthcare
  • Decision on your medical treatments
  • Your overall hygiene
  • Decisions about your housing/living situation
  • Factors about your own safety

Power of Attorney for Property

A power of Attorney under this sections is needed when you are incapable of making financial decisions, these include the following matters:

  • Decisions about selling and buying your home
  • Dealing with day-to-day banking
  • Managing loans
  • Signing documents and cheques
  • Handling stocks, bonds, savings etc.

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