Tag: estate executor

Executor’s Duty to Protect the Estate

Are you handling an estate? Then this is your first duty as an estate legal representative. You protect persons, property, assets, valuables and family pets. You will learn this is the first of many duties. To help my clients, I explain the three primary executor duties in…
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Ontario Estate Trustees Need to See the Big Picture

Gordon was a frazzled executor of a friend’s estate. He was getting phone calls from Simon, a beneficiary named in friend’s will. Simon wanted to know, “Where’s my inheritance? I was supposed to receive a third of the estate residue.” Gordon was running out of excuses to…
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Do You Want To Be Executor?

You got the job but are you sure you want it? Of course you feel honoured to be named as an executor.  But you don’t always have to accept the job.  You may not want the headaches associated with the post. Let’s consider how the law, estate…
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Executor Compensation – Is It Worth It?

“Compensation for your time and trouble” is what the law calls your fee as estate executor. You can probably figure your time is productively worth $150 or $200 an hour back in the office. You need that to cover your overhead. Well, you won’t get paid by…
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Why Executors Need Lawyers

Albert was the executor of his uncle’s small estate. He paid the beneficiaries what he roughly calculated they should receive. But he did not hold back enough to pay all the estate debts. Now he was in trouble and looking for legal help. What should you or…
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Use the Executor Mantra to Reduce Stress

Being an estate executor is stressful. Many people feel overwhelmed when suddenly they must take charge of an estate. You can easily make mistakes before you understand what’s involved. But now I can show you a new, stress-free way to succeed as an executor. Of course, you…
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Why Pity the Estate Executor?

Can you imagine you’re suddenly an executor? Like most executors, you don’t have any experience handling an estate. Your new workload feels like you’ve just have taken on another full-time job. Estate Disputes Can Be Horrible You can now find out now that you’re going to be…
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How Estate Executors Hire Lawyers

This is one of the first decisions you get to make as an executor. Choose wisely – changing lawyers is time-consuming and expensive. After you do your preliminary research, interview prospective candidates. Look for referrals and search law firm websites. Note: Some estate problems will call for…
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