New Capital Gains Tax Inclusion

Let’s consider the implications of the new capital gains tax inclusion. Scenario: Muskoka Cottage An elderly woman owns a cottage in Muskoka. She inherited it from her parents. Her principal …

Power of Attorney For Personal Care

This is the Form for the Power of Attorney for Personal Care published by the Province: Power of Attorney for Personal Care (Made in accordance with the Substitute Decisions Act, …

Power of Attorney For Assets

This is the Form for the Power of Attorney for Assets published by the Province: Power of Attorney for Assets Continuing Power of Attorney for Property (Made in accordance with …

Power of Attorney for Assets: Risks

A general power of attorney (POA) for assets in Ontario grants someone (referred to as the “attorney” or “agent”) the authority to make decisions and manage your financial and property …

Power of Attorney for Assets

In Ontario, a Power of Attorney for Assets is a legal document that allows an individual, referred to as the “grantor” or “donor,” to appoint someone else, known as the …

Power of Attorney for Personal Care (2)

In Ontario, a power of attorney for personal care is a legal document that allows you (the “grantor” or “donor”) to appoint someone else (the “attorney” or “decision-maker”) to make …

Seller Might Pass Before Closing

Question: If an elderly seller (sole owner) lists a vacant property utilizing  a Power of Attorney, sells firm with a quick closing date, but dies before closing. How can the …