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Podcast Transcript – Mary-Alice Thompson
Lawyer Mary-Alice Thompson joins our project to discuss how the law relates to Pat (a man who is acting for his mother). Her comments and insights help us to learn more about:
- What are the obligations of Pat who is acting for his mother under a Continuing Power of Attorney for Property in Ontario.
- Can Pat make the annual donation to a charity? Can Pat help the grandchildren with their tuition?
- Can Pat sell the house and distribute the proceeds to the children?
- Can Pat take money to make up for his time and expenses?
- Can Pat show the other children the accounts and financial information?
- Can Pat take some steps to reduce the probate on his mother’s estate?