Category Archives: Passing of Accounts

Pillow Talk: The Executor’s Spouse and Who Really Makes the Decisions?

When an individual drafts their Will, they name a person(s) that they respect and trust will carry out their final wishes fairly and to the benefit of the beneficiaries. Although not always successful, most people try to identify someone that won’t cause obvious animosity within the beneficiary group.

The role of executor for even a simple estate is a big job; it can be challenging for a person to perform within the confines of full-time employment and balancing other obligations, particularly when they have limited experience with the tasks involved. The executor often looks to their spouse, common law partner, or someone else they love, to help carry out the tasks – sometimes, literally, for the “heavy lifting” and other times to solve the “estate business” problems associated with the administration.

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Dispute Over Canadian Artist Copperstone Thunderbird’s Estate Resolved

The estate dispute over renowned Canadian aboriginal artist Norval Morisseau, known as the Copperstone Thunderbird, has been resolved in an out-of-court settlement.

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Beneficiaries Often Frustrated by the Time Needed for Estate Settlement

Winding up an estate can take anywhere from months to years to complete, and estate executors often face frustrated and unhappy beneficiaries during the process. (more…)

Dependant’s Relief Under the Succession Law Reform Act

If a dependant feels that he or she is not adequately provided for out of the estate, that person is entitled to seek an award from the deceased’s estate under the Succession Law Reform Act. (more…)

Estate Settlement Process for Beneficiaries

When a loved one passes away, emotions can run high, and this tension can translate into a strained relationship between the beneficiaries of an inheritance and the executor appointed to settle the estate. (more…)

Complexities Arising from Inheritances

Jon Chevreau of the Financial Post sits down with wills and estates lawyer Barry Fish, co-author of “Where There’s an Inheritance,” to discuss some of the problems families can face when a loved one passes away. From family members that criticize and challenge the steps taken by the executor, problems arising from executor fees, forgiveness of debts in the will and sibling rivalries, Fish proves how estate administration can be complex, emotionally-charged and risky. It may be worthwhile for an executor to safeguard their personal assets through an insurance policy, or for the drafter of a will to consider insurance to protect the value of their assets should litigation arise.

Wealthy Boomer- Wills & Estates Lawyer Barry Fish on Inheritance Stories

Common-Law Spouses’ Rights to Estate Assets

Common law spouses generally do not have the same rights to estate assets as married spouses do, and financial and property rights are virtually unrecognized at law for purposes of an intestate division of an estate.

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What is an Heir?

Do you know what it means to be an heir?

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What Every Executor and Beneficiary Needs to Know About Estates

Are you looking for reliable information about dealing with an estate, either before or after a death?

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Changing Family Dynamics in Canada May Have Estate Implications

The Government of Canada website provides recent statistics regarding family life in Canada. (more…)