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Posts Tagged: executor
2 ResultsThe Risks of Being an Estate Trustee
by: Diane Vieira, June 8, 2020
A recent news story highlighted one estate trustee’s regretful experience administering an estate. Due to lengthy litigation involving the validity of the Will and an unsuccessful result for the estate trustees, the estate trustee was ordered to personally pay over $100,000.00 in legal fees. While the personal cost order was a result of a unique…read more
What an Estate Trustee Needs to Know About Firearms
by: Michael Rosen, May 20, 2016
An estate trustee is tasked with disposing of the assets of an estate. A trickier situation arises when the deceased owned firearms. Strict rules govern the ownership and disposal of firearms in Canada, and trustees must take care to ensure they do not inadvertently break the law (and take necessary safety precautions). The disposition of…read more