Providing executors with peace of mind
The growth of online estate planning resources makes it easier for beneficiaries to inform themselves about their entitlements
Common pitfalls when caring for a property
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Estate administration is finally moving into the 21st century.
Depending on family dynamics, it's a structure that may make sense.
Understanding the rules
One of the first responsibilities of any executor is to make funeral arrangements for the deceased. But what if the will doesn’t mention funeral arrangements? Who decides what happens at the funeral—and at what cost? Wide discretion Mary-Jane Wilson, partner at Wilson Rasmussen LLP in Surrey, B.C., says executors have final say on all decisions […]
Valuing an estate for probate used to be relatively simple in Ontario: executors entered the total value of the estate on the probate application, signed an accompanying affidavit stating the valuation was correct, and that was usually that. Not any more. As of January 1, Ontario executors (known as estate trustees) must file an Estate […]
Many people do not realize that a trustee faces a myriad of legal and fiduciary responsibilities.