Question 1 Is the Estate Broke? Most executors find being an executor is more work than they expected. No one ever warned them before they got involved. People wished they knew how much trouble being an executor was. Before you act, here’s what to ask first: Q…
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Being an executor may be an honour but it is also a job. It is a job you are not legally obligated to accept. Ask these questions about your risks. If you’re worried, seek legal advice about your options. Estate advice may reassure you or you may…
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Three times a year I update this published text. With permissions, I have posted this Publisher’s Note. What’s New in the May 2021 Release • Chapter 16: Will Challenges In Magnotta v. Magnotta, 2020 CarswellOnt 1096, 2020 ONSC 316 (Ont. S.C.J.), the court stated estate creditors that have no financial interest…
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Mediation is confidential and all discussions are off the record. You can create your solution and not wait for a judge to decide. You can express and deal with emotional issues. You can find shared visions to obtain desired results. You are empowered by an early resolution…
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Here’s Chad’s story about handling an estate when he couldn’t find a will. He became an Ontario estate trustee without a will. Keep reading about our hero, Chad, if you need to handle an estate without a will. Chad was feeling overwhelmed. He had just been told…
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Read Part 1 and Part 2 of my posts in this series. What if you become incapacitated, or an illness prevents you from handling your finances? What will you do? If you don’t have a power of attorney to handle your property, your loved ones must get…
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Let’s look at the steps you need to take for your action plan. You can read my first part of this series here. You need to cover the unexpected and inevitable surprises that life throws your way. I have identified these steps everyone must take to protect…
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Would you like to make sure your loved ones are protected? What would it be worth to you if, no matter what happens, you had a detailed plan of action ready? Well, I will share this information with you here, at no cost. You can use this…
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You’ve heard that artist Prince died without a will leaving his loved ones to inherit his estate problems. Yes, he is the Prince famous with hits like Purple Rain who died April 2016. He left an estate that’s still open. His loved ones have spent millions in…
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Circle your answer and check for the correct answers below. “Executor” is the name of: a) a new planetb) a part of the brainc) a person named in a willd) all of the above Executors are Ontario estate trustees, estate representatives and fiduciaries named in: a) a…
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