To provide specific, practical information, checklists, and resources for individuals acting as Executors in Ontario, helping them navigate duties related to funeral arrangements, initial estate tasks, and required notifications, relevant for those managing estates for residents of Markham or Richmond Hill.
Losing a loved one is an incredibly challenging experience. Amidst the grief, if you've been named an executor in their Will, you're also tasked with significant responsibilities. This role, while an honour, can feel overwhelming, especially in the initial days and weeks. This guide is intended to provide residents of…
It's everyone's worst nightmare - a loved one dying abroad. You worry about all sorts of things going wrong, especially if it's your senior parents. When you pass away in Canada, it's fairly straight forward. You follow the process,by calling a funeral home, the police or an ambulance. Loved ones…
And RRSP (Registered Retirement Savings Plan) is an investment you make for your future. The idea is that you contribute to the savings during your working years as it grows in value and gains interest, so that when you're ready to retire you have money to live on. With good…
If you think dying gets you out of paying taxes, you are sadly mistaken. While it's technically true that YOU won't be paying your taxes after your dead, your loved ones in charge of settling your estate, however, will have to file your final tax return. Before any estate can…
Just as you can pre-plan your funeral, you can pre-plan what happens to your estate after you die. That is the purpose of a will. Without a will your loved ones may not receive what you would have liked them to. It can also take a long time for the…
As the saying goes, there are only two certainties in life: death and taxes. If the former happens, loved ones still have to deal with the latter, even though the person is gone. Since we're well into tax season, and the May 1, 2017, deadline is fast approaching, we thought we…
