Category Archives: Insurance

Have a Financial Plan in Place Before Your Winter Vacation

If you are planning to escape the cold and venture south this winter, packing your swimsuit and airline tickets aren’t the only things you’ll have to remember.   (more…)

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New Insurance Product for Lay Executors

In estates, there has often been a perceived unfairness that a lay executor must assume various burdens without the benefit of insurance coverage.

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Estate Planning Strategies

If you own your own business, it is important to make considerations for it when planning for the future. (more…)

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The Risks Involved With Being an Estate Executor

Tara Perkins from the Globe and Mail discusses the new concept of insurance for non-professional executors. (more…)

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New Type of Insurance Available for Estate Executors

Serving as the executor of an estate is a challenging responsibility that can be fraught with liability.  (more…)

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Estate Nightmare – Grandkids Sue Grandad

I read an interesting case the other day, the Reinisch case from the Court of Queen’s Bench Manitoba in 2011. By way of background, this started as an apparently happy family with the advantage of some financial success with a family business and the benefits that come with it, including cottage property and toys that were enjoyed communally by the entire family for many years. There had been some financial planning done, a Will had been prepared and was fairly current, and the testators adult sons were named executors, and they also had the benefit of an estate lawyer. So far so good. (more…)

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Insurance for the Skilled Executor

Myron Neufeld asks Scot Dalton of Estate Risk Protection Plan Inc. why a testator, who has named an executor based on business experience, trustfulness and personal integrity, would find insurance necessary.  Dalton explains how the protection afforded by executor insurance can safeguard the personal assets of this individual, despite his or her personal merits.

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Advice of a Lawyer During Estate Administration

Scot Dalton and Myron Neufeld of Estate Risk Protection Plan Inc. discuss the necessity of having a lawyer involved with the estate file in order to purchase the ERAssure Executor Errors and Omissions Insurance policy. They explain why the good counsel of a lawyer is critical to the underwriting of this form of insurance, since the task of fulfilling the executor’s role can be onerous, and emphasize how proper representation  can decrease the risk of problems during the settlement of the estate.

For more information, visit www.ERAssure.com.

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Estate Planning Can be a Gift for Your Executors

One of the greatest gifts a parent may leave to their children is a well-planned estate. (more…)

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Insurance Protection for the “Occasional” Estate Trustee

There are many problems that can arise when an unexperienced individual takes on the role of estate trustee or executor when a loved one or family friend passes away.  (more…)

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