Your duties as power of attorney for property in Ontario
What Ontario expects from an attorney for property: your duties, what you can spend on, gifts, the will, records, and a worked example of attorney pay.
Stage 5: Your ongoing duties as attorney
Manage as POA
You might be here if: You've been managing a parent's money for a while, and want to be sure you're keeping proper records and doing it right.
Once you are managing a parent's money, the job becomes ongoing. As an attorney for property, you are handling someone else's money, and that comes with duties that are different from managing your own.
The guides here cover the day-to-day side of the role: keeping records that would stand up if anyone asked, understanding what the money can and cannot be used for, handling investments, taxes, and government benefits, and knowing the rules on paying yourself back.
They also cover what to do when siblings or other family members question how the money is being managed.
Guides for this stage
What to do if a sibling is misusing a parent's power of attorney in Ontario
For brothers and sisters worried about how a parent's money is being handled: what's allowed, how to ask, and when to call the OPGT, the police or a court.
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