The Estate Blog

Clients who act for a person under a power of attorney must keep records. How long must attorneys keep their accounts and records?  The deadlines under the regulation for retention are set out here: Substitute Decisions Act, 1992 Regulation 100/96 6.  (1)  Every attorney and guardian shall retain the…
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Healthy Executors are Not at Risk

Let me clarify that headline: All executors are at risk if they do not understand their legal duties. You can be attacked by estate beneficiaries, taken advantage of by smooth sales people, and even get sued. I encourage executors and estate trustees to get proper legal advice….
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Executors: Change the Locks to be Safe Not Sorry

Real estate creates a different set of responsibilities for estate executors. If you are the legal representative of an estate, consider the real estate issues in this post. It’s important to get the right legal advice to protect yourself. You never know who may have a key…
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Making Your Will – Where Do You Start?

Have you put off writing your will or thinking about estate planning? Perhaps you wanted to wait until you have had more time to ponder all your choices. At least that’s how you rationalized it. But if you don’t write a will, you cannot protect your family…
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Executors: Follow These 5 Income Tax Rules

Do executors have to pay someone else’s income taxes? Wouldn’t it be nice if they got a free pass? You know like a get-out-of-jail Monopoly card. But this card also gets you out of tax trouble. Well, the reality is estate executors have to pay all of…
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