Power of Attorney for Property in Hamilton, Burlington and Niagara
Have you been advised to grant someone the power of attorney? Have you been informed that you are a family member’s attorney of power? Whatever the case, one should not rush hastily into granting someone power of attorney, and neither should someone who has been granted power of attorney for property. Established in 1884, Lees & Lees are the foremost experts in incapacity planning as well as trust and estate law. If you’re looking to meet with a skilled attorney, call Lees & Lees today.
It is advisable to consult with a lawyer for legal guidance. The world of law is complex, and one wrong move could cost you and your family lots of time, stress, and money. Thankfully, you can always turn to Lees & Lees.
Power of Attorney Lawyers in Hamilton, Burlington and Niagara
What is a power of attorney form? A power of attorney for property is a legal document which gives someone the power to make decisions about another person’s finances and property if they become unable to make decisions themselves. A power of attorney, for example, could be the one responsible for:
Handling someone’s investments
Running someone’s business
Buying real estate on an individual’s behalf
Selling real estate
Paying monthly bills
The roles and responsibilities of an agent (the person granted the power of attorney) can vary. Their power depends on what is written in the power of attorney form. You can grant them a power of attorney which only gives them limited power over your affair if you wished.
It is important for the power of attorney forms to outline exactly what you want your agent to do and when. Otherwise there might only be confusion, more forms, and more meetings in the future.
Would you like to prepare your power of attorney for property? Call Lees & Lees today.
Who Can Be an Attorney for Property?
At Lees & Lees, we have decades of experience in assisting clients with their power of attorney for property forms. We can help you set the limitations of your agent’s power. We’ll help you answer a variety of questions, such as:
When do you want a power of attorney to come into effect?
Who is your ideal power of attorney?
How do you wish to compensate your agent or attorney of power?
How long do you want the power of attorney to last?
A valid power of attorney for property ensures that your assets are properly managed in the event of a tragic illness or old age. Without taking these measures, your financial responsibilities may fall to the wayside. If someone has not been made your attorney of power, they will not be able to make financial decisions for you.
To save yourself and your loved ones from unnecessary stress, consult the lawyers at Lees & Lees. We will help you draft a valid power of attorney for property form. From start to finish, we’ll walk you through the entire process. We look forward to hearing from you.
Let us help you with expert advice and legal solutions