Revocation of Power of Attorney for Property (ON)

Summary

This precedent may be used by the grantor of the power of attorney to revoke an appointment of an attorney for property as long as the grantor is capable. This precedent includes practical guidance and drafting notes. A power of attorney may be revoked as long as the person remains capable. A revocation must be in writing and must be signed and dated. Finally, the revocation must be witnessed in the same way as the power of attorney and specifically by two witnesses (Substitute Decisions Act, 1992, S.O. 1992, c. 30 ("SDA"), ss. 3.1, 12(2)). If the person revokes the power of attorney, they should be advised to notify financial institutions and others who may be impacted by the revocation. For more information on the Power of Attorney for Property document, see the practice note: Power of Attorney for Property (ON). For a checklist to be completed by the client when drafting a Power of Attorney for Property that sets out instructions for drafting the deed, see the checklist: Power of ...