ONTARIO POWER OF ATTORNEY
This Power of Attorney is made this day of , 20, by [Your Name], of [Your Company Address], in the Province of Ontario, hereinafter referred to as the "Principal", in favor of [Agent's Full Name], of [Agent's Address], in the Province of Ontario, referred to as the "Agent".
I. Purpose
This document grants the Agent the authority to act on the Principal's behalf concerning both personal care decisions and the management of the Principal’s financial affairs, under the conditions where the Principal is deemed incapable of making such decisions personally.
II. Roles and Responsibilities
Financial Affairs Management:
The Agent is authorized to handle, manage, and make decisions regarding the Principal’s bank accounts, including but not limited to, the withdrawal, deposit, and transfer of funds.
Bill Payments:
The Agent shall have the responsibility to ensure all bills, taxes, and debts of the Principal are paid promptly from the Principal’s funds.
Real Estate Transactions:
The Agent is empowered to buy, sell, lease, or mortgage any real estate property on behalf of the Principal, subject to the Principal's prior expressed wishes or as deemed in the Principal's best interest.
Health Care Decisions:
In situations where the Principal is unable to make informed decisions regarding their health care, the Agent will make such decisions on behalf of the Principal, guided by the known preferences of the Principal or the best interests of the Principal.
Personal Care and Welfare:
The Agent is tasked with making decisions concerning the Principal’s living arrangements and personal care, ensuring the Principal’s comfort and welfare.
III. Termination:
This Power of Attorney shall remain in effect until it is revoked by the Principal or upon the death of the Principal.
IV. Signatures:
IN WITNESS WHEREOF, I have executed this Ontario Power of Attorney on [DATE].
Principal:
[Your Name]
Agent:
[AGENT'S NAME]
Witness Acknowledgement
I, [Witness Name], residing at [Witness Address], in the Province of Ontario, declare that [Your Name] and [Agent's Name] have declared in my presence on this day of , 20, that they are fully aware of the contents of this document and have signed it freely and voluntarily without any compulsion.
Witness :
[WITNESS FULL NAME]
Notary Acknowledgement
Province of Ontario, Canada
On this day of , 20, before me, [Notary Name], a notary public in and for the said province, personally appeared [Your Name] and [Agent's Full Name], known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained.
In witness whereof, I have hereunto set my hand and official seal.
[NOTARY PUBLIC'S NAME]
My Commission Expires:
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