Continuing Power of Attorney for Property
What is a Power of Attorney?
A Power of Attorney is a legal document that gives someone else the power to act on your behalf. This person is called your "attorney". In Canada the word "attorney" usually does not mean lawyer, as it does in the United States.
You can give someone a Power of Attorney for Property if you want them to help you manage your finances, or you are worried about becoming unable to manage them. You can also give a Power of Attorney for Property for a limited time. For example, if you plan to be out of the country for a while, you might want someone else to manage your property only while you are away. "Property" includes your money, your home if you own one, and anything else you own.