Articles tagged with: Wills
Who can be an Executor?
An Executor is the person named in the Will to carry out the instructions in the Will. Anyone who is eighteen or over and is of sound mind can be an Executor. The Executor can be a beneficiary. You can have more than one Executor. Try to choose Executors who will be competent and available to do the job and will not have a possible conflict between their responsibilities and their personal wishes. In Ontario, an Executor is officially called an “Estate Trustee”.
Can a person dispose …
Everyone knows what a Will is. Most people agree that they should have one yet approximately one half of all Canadians do not. Your Will may be the single most important document you ever sign. Reasons for having an up-to date will include the following:
Self-determination
The most obvious reason that you should make a will is to ensure, as much as possible, that your estate is distributed in accordance with your wishes. Your will guides your loved ones and can reduce or eliminate disagreement. In Ontario, if you are married and …
