Power of Attorney for Property
A Power of Attorney for Property is a legal document that lets you name someone to deal with your money and property. You’re called the grantor. The person you name is called your attorney.
Your attorney can make decisions, such as:
- doing your banking
- signing cheques
- buying, selling, or leasing real estate
- buying consumer goods and services
They cannot:
- make or change your will
- make or change who’s a beneficiary on your insurance policy or a registered plan, such as your registered retirement savings plan (RRSP)
- make a new Power of Attorney for you