Powers of Attorney can be tricky legal documents to prepare. This is especially the case for the elderly, who are often vulnerable. They need to trust and rely on others who could abuse their powers of attorney. How do you stop a wolf in sheep’s clothing from…
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As an estate executor you have fiduciary duties you may not even know. I created a quiz to explain what estate executor duties are. It will help you understand your estate responsibilities. It is not an exhaustive list. Give yourself one point for each duty you can…
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Most estate executors have no idea how to handle probate matters. Executors without a plan have more chance of stress than success. You are not alone when it comes to having estate nightmares. I have prepared a common list of fears that keeps executors up at night….
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Many times executors are unprepared to handle their estate duties. Mistakes and delays can happen that drive beneficiaries wild. But can a court remove a bad apple executor? When will a court remove executors and why is this not always the best solution? I spend my day…
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All estate executors must know these terms. Use this free glossary when you handle an estate. It will help you when you meet your estate lawyer. Estate Executor Definitions Estate Taxes-in Canada there are no estate taxes based on the overall size of the estate. However, there…
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Paying income taxes can drive you crazy. If you are an executor, it is even worse. You can get stuck paying someone else’s income taxes. Here are some executor tips so you won’t pay for costly mistakes. As the legal representative for an estate, executors must handle…
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Are you an estate executor? A relative, friend or business associate could ask you to handle their estate. Studies show you probably don’t know what you are supposed to do. I have created a free ebook about your duties as an executor. You need a plan to…
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In my last post, we had frantic Ann searching for Olivia’s original will. I explained why you need to search for the original will. Now I’ll give you some tips on how to find wills. Executors need to know exactly where the will is and how to…
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Olivia was ill and went to the hospital one day for surgery. She told Ann to act as her executor right before she died. Now Ann was frantic trying to find Olivia’s will. Here are some of the steps Ann can take to find any missing wills….
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Are you interested in saving taxes? As of January 1, 2013, Ontario provincial probate rules have changed. New regulations will impact executors, estate advisors and your estate planning. What you know about reducing probate taxes may be obsolete. There is no longer a tax called “probate tax”…
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