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Article #8956Will/Power of Attorney/Living Will in Ontario
From: Mark Freedman
Date: Thu, 02 Feb 1995 14:36
Date: Thu, 02 Feb 1995 14:36
30 lines
2116 bytes
2116 bytes
I want to get a will, power of attorney, and living will.
The will is straightforward, although $100 seems a lot to say
"my brother is my executor and he gets everything."
I have wondered about establishing a trust for which I am
administrator. I could then draw money as I need it, but the trust
would pass to my brother upon my death without an expensive probate.
I believe that trusts are complex and expensive, and thus may not
be justified except for very large estates.
Power-of-attorney is a bit more complex (odd, since it only costs
$75). I want my appointee to take over ONLY if I am unable to make
decisions myself, AND I want to be sure that no heroic measures are
taken to prolong my life.
The lawyer said I need a "living will" (another $100) to formalize
my wishes for health care if I cannot make decisions. He also said
that living wills aren't legally binding in Ontario.
Any light which can be shed on trusts / Power of Attorney / Living
Will / avoiding unwanted medical care is much appreciated.
I will post a summary if there is sufficient interest.
--
mdfreed@io.org Mark Freedman (Toronto, Ontario, Canada)
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fc3d0,43a0202eed9f4100,start X-Google-Attributes: gidfc3d0,public X-Google-Thread: 107518,43a0202eed9f4100,start X-Google-Attributes: gid107518,public X-Google-Thread: fb1ea,43a0202eed9f4100,start X-Google-Attributes: gidfb1ea,public X-Google-Thread: 10643c,43a0202eed9f4100,start X-Google-Attributes: gid10643c,public X-Google-ArrivalTime: 1995-02-02 08:08:16 PST Path: arc1-ca.pugleaf.net!swrinde!howland.reston.ans.net!lamarck.sura.net!hookup!torn!nott!netfs.dnd.ca!dciem!io.org!nobody From: mdfreed@io.org (Mark Freedman) Newsgroups: misc.consumers,can.legal,ont.general,tor.general Subject: Will/Power of Attorney/Living Will in Ontario Message-ID: <3gqqlb$9tr@ionews.io.org> Date: 2 Feb 95 14:36:27 GMT Distribution: ont Organization: Internex Online (io.org) Data: 416-363-4151 Voice: 416-363-8676 Lines: 30 NNTP-Posting-Host: nudge.io.org