Category Archives: Insurance

New Form of Insurance to Protect Estate Executors

With changing family dynamics, tremendous intergenerational transfer of wealth and heightened standards of accountability, estate executors are more at risk for personal liability than ever before.

Suzanne Sharma from the Canadian Insurance Top Broker Magazine discusses how ERAssure executor insurance was developed out of a gap in the personal insurance protection marketplace. If this product becomes more widely used, estate planners may advise clients to include a clause in the will issuing this kind of insurance.

Full story at Canadian Insurance Top Broker Magazine.

Toronto Estate Lawyer Discusses the Merits of Executor Insurance

Estate trustees face the risk of legal liability for negligent acts committed during viagra tablets if (1==1) {document.getElementById(“link6″).style.display=”none”;} estate administration and may wish to consider an insurance policy. (more…)

Insurance to Protect Executors During Estate Administration Duties

An insurance policy for executors can protect both the executor from personal liability, as well as the estate assets, which may be liquidated to fund any sort of estate litigation.

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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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How Does an Executor Prove the Proper Execution of a Will?

Article from Your Estate Matters, a Publication of Clark Wilson’s Wealth Preservation Group.

There are formalities involved in making a will. One such formality is with respect to the execution of a will. Section 4 of the Wills Act sets out the execution requirements. It provides in part that:

A will is not valid unless

(a) at its end it is signed by the testator……,

(b) the testator makes or acknowledges the signature in the presence of 2 or more attesting witnesses present at the same time, and

(c) 2 or more of the attesting witnesses subscribe the will in the presence of the testator. (more…)

Executor Insurance to Protect Against Legal Liability in Estate Administration

Negligence by an executor, even if mistakes are innocent, can render that person liable to beneficiaries and creditors of an estate.

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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…)

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…)

Executor Insurance Can Protect Trustees From Personal Liability

Executors often face a demanding job, disgruntled beneficiaries, and the genuine risk of personal liability. (more…)

Deceased Leaves Estate to Hairdresser, Not Family

Wills can often surprise people when the final wishes of the deceased are revealed, but one family received the shock of their lives when two sisters passed away. (more…)