PLZ Law Blog

Category Archives: Power of Attorney

Guardians of the Property of Minor Children

Date: August 6, 2010 | Author: Jeff Levy, HBSc, MBA, CFA, AMP, JD

No one, including parent or custodian, has an inherent right to possess or control property or assets otherwise belonging to a minor child. They can, however, apply to the court to be appointed as a guardian of that minor child’s property. While it may seem rare for minor children to own property of any significant ...

Appointing a legal guardian for the mentally incapable.

Date: May 3, 2010 | Author: Jeff Levy, HBSc, MBA, CFA, AMP, JD

To become a court appointed guardian of property; there are two procedures: the “standard procedure” and the “summary disposition procedure”. The second procedure needs two assessments (at least one by an official “assessor”), which happens to be the main difference between the two procedures. In a summary disposition procedure, a judgment appointing a guardian of ...

YOUR DUTIES UNDER A POWER OF ATTORNEY FOR PROPERTY AND FOR PERSONAL CARE

Date: April 24, 2010 | Author: Jeff Levy, HBSc, MBA, CFA, AMP, JD

It is an obligation of the attorney for property to find and read the grantor’s will so as to ensure that assets specifically given in the will are not inadvertently liquidated or the grantor’s estate plan destroyed. The attorney is prohibited by the Substitute Decisions Act (SDA) from disposing of property specifically given in the ...

POWER OF ATTORNEY FOR PROPERTY

Date: April 24, 2010 | Author: Jeff Levy, HBSc, MBA, CFA, AMP, JD

The common law of agency, broadly speaking, constitute the powers of attorney. This relationship of an agency is established when one person, principal, donor or grantor authorizes another person, agent or attorney to act as his or her agent. An agency relationship used to terminate in common law, when the donor became mentally incapable. As this common ...


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