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For most people, the best option is to have a general durable power of attorney because it gives your agent broad powers that will remain in effect if you lose the ability to handle your own finances. An attorney can customize a general POA to limit powers even more?or add powers, Berkley says.
To order a copy, call 416-314-2800, or toll-free 1-800-366-0335. You can also download it by going to this website: .attorneygeneral.jus.gov.on.ca. Whether you use the form provided by the Office of the Public Guardian and Trustee or another form, it is a good idea to consult a lawyer before appointing an attorney.
Regardless how you choose to create your power of attorney documents, they are legal as long as you've met the provincial requirements. There is also no requirement for your POA to be registered. However, the Ministry of the Attorney General for Ontario provides many resources regarding powers of attorney.
How much does it cost to get a power of attorney in Ontario? The legal fees of a power of attorney in Ontario are usually calculated based on the document you want to authorize to a lawyer. The price can range anywhere from $100 to $300 per document. Contact us directly for more details.
The three most common types of powers of attorney that delegate authority to an agent to handle your financial affairs are the following: General power of attorney. Limited power of attorney. Durable power of attorney.