Putting Your Trust in the Right Person: Tips for Choosing an Executor in Ontario
One of the most common questions during our initial client meetings. Choosing an executor (also known as a “personal representative” or “estate trustee”) is an important decision when creating your estate plan in Ontario. Here are some factors to consider when choosing your executor: Trustworthiness: Your executor will have significant responsibilities, including managing your assets, […]
Is only a spouse able to claim as a dependant? Did a recent decision expand it to children?
The short answer is “no” – it is not new law. However, it is very fact specific. I talk about this when I teach estate planning: Beware who may be able to claim dependant relief due to your actions. What you do during your lifetime has an impact when you pass. You may only want […]