The executor of a will plays a very important role in the process of closing a deceased individual’s estate. Although many think of executors as simply the people who inform heirs of what they’ve ...
Although it’s never fun to think about, estate planning is an important part of life, especially as we grow older. Many people choose to create a last will and testament to dictate how to bequeath ...
The role of the executor is not to be accepted lightly. Executors are usually appointed because the testator trusts them and expects the person chosen to carry out the wishes as expressed in the will.
When John Wilson was asked to act as an executor for his second cousin's estate, he was honoured. The cousin, who died last year at the age of 97, had lived with Mr. Wilson's family when he was a baby ...
A newly released study finds that the majority of Canadian Boomers would appoint family as the executor of their will, but that many may not may not appreciate the complexities of the many tasks that ...
I am doing up a new will and want to change my executor because I want someone in my family instead of a friend. I am on my own and in my 70s now. I have two daughters that live near me. Should I pick ...
A Will, is an instrument by which the Testator (person preparing the Will) expresses his desire and wishes for distribution of his estate upon his demise. It is a legal declaration of the intention of ...
As much of the country’s population grows older, many Canadians are being thrown into an unfamiliar new role – one that arguably has become more risky over time. The risk that comes with being the non ...
The majority of Canadians appoint family over friends as the executor of their will, according to a BMO Financial Group study. However, with executor responsibilities consisting of nearly 50 tasks ...