Executors – Page 53 – All About Estates

Zero Compensation Awarded to Estate Trustee in Watson Estate

Justin de Vries • May 16, 2011

How much compensation should be awarded to an estate trustee who has breached her duty of honesty and utmost good faith, was prepared to simply cut a cheque to pay out a claim against the estate without any investigation into its merits, and was prepared to use the threat of destroying the testator’s beloved pets as a means to try to extract benefits for her friends and herself?….

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Home Buyer’s and Lifelong Learning Plans

Derek de Gannes • May 13, 2011

Many have taken advantage of the ability to withdraw funds from a retirement savings plan under either the Home Buyer’s Plan (HBP) or Lifelong Learning Plans. Without careful planning, unpaid obligations under either of these plans may have tax implications on death…..

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Estate Administration, Estate Planning, Executors, Spouse

Estates do not have Lawyers

Justin de Vries • May 6, 2011

When a solicitor is advising on estate administration, who does the solicitor and client privilege belong to?….

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Estate Administration, Estate Litigation, Executors

Whew, I thought I missed the filing deadline!

Derek de Gannes • May 5, 2011

From time to time there will be delays that could lead to missed deadlines resulting in tax penalties and arrears interest. All is not lost, however, where the deceased leaves a testamentary trust which would otherwise qualify as a spouse trust…..

Whew, I thought I missed the filing deadline! Continue Reading »

Estate Planning, Executors, Property, Trusts, Wills

TAX REPORTING OBLIGATIONS FOR TRUSTEE AND EXECUTOR FEES – FOLLOW UP

Steven Frye • April 27, 2011

Awhile ago , I wrote that payments made to trustees and executors usually trigger some form of tax reporting and often, an obligation on the payer to withhold and remit amounts on account of tax. Thanks to some welcome and practical feedback from a concerned blogger, I would like to add a few comments.
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Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, Trustee, Trusts

Discovery of an attorney for property’s action in a will contest case

Jasmine Sweatman • April 21, 2011

Are your actions as attorney for property relevant and therefore discoverable in a will challenge case?….

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Estate Litigation, Executors, Family Conflict, Power of Attorney, Powers Of Attorney and Guardianship Disputes, Trustee, Trustee Disputes, Wills