Imagine if an estate executor (or personal representative, liquidator or estate trustee, depending on the province) was about to administer an estate, only having the will. They would have a tough time searching for contact people, important documents and hidden information. That’s why it’s important to develop an estate directory including everything your executor needs.
The right funds for down payment savings, real estate profits Canada’s hyper hot housing market means lots of Canadians are parking savings on both sides of a housing transaction: many younger people are saving for a down payment and some sellers need to bank their profits while they downsize, move to another town or rent
Think twice before naming a friend or family member as your executor Research has shown that most Canadians name a family member or friend in their will as executor of their estate. While this may seem like a natural choice, it may not always be the best one. Your executor is personally responsible for your