John M. Macaulay Professional Corporation
PROPER EXECUTION OF WILLS I recommend that you immediately review your existing will for a number of reasons. It is not uncommon for circumstances to change in one’s life and sometimes these changes negatively affect what has been incorporated into a will. Birth, death, marriage, divorce, and other issues all might, although not necessarily, change.
WHAT IS CAPACITY? The test for capacity to make a will or power of attorney is one of the concerns which many people have and I am asked quite frequently what it is. Capacity is necessary for entering into legal documents. Wills and powers of attorney are definitely legal documents. Simply put the person making.
Being an estate trustee has many serious responsibilities. Some are almost inconsequential and others are quite monumental. Many times I am asked by estate trustees if they are entitled to be paid. The answer is “yes” but they are only entitled to receive a reasonable amount for their administration. An Ontario court would look at:.
Being an estate trustee has many serious responsibilities. Some are almost inconsequential and others are quite monumental. Don’t forget to request Canada Post to redirect the deceased’s mail. While this does not seem urgent it might be one of the most important items to be attended to. Go to the local post office branch taking.
Being an estate trustee has many serious responsibilities. Some are almost inconsequential and others are quite monumental. Estate trustees need to identify the assets of the deceased for many reasons. It happens from time to time that the deceased rented one or more safety deposit boxes from a bank. If there is a box then.