Thursday, May 02, 2024

Paul Adam on Wills and Estates: What is the difference between a Last Will and a Power of Attorney? Do I need both?


A Last Will only determines what happens to your property after you have passed. 

A Power of Attorney is used to appoint someone to manage your property and your medical care if you are incapable. It is no longer valid after death. 

In some ways, having an Attorney who can protect you while you are still living is even more important that having a will.

- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net

No comments:

Post a Comment

Readers are solely responsible for the content of the comments they post here. Comments are subject to the site's terms and conditions of use and do not necessarily reflect the opinion or approval of Wise Law Blog and the writers thereof. Readers whose comments violate the terms of use may have their comments removed without notification.