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When the executor is also a beneficiary

If you have an estate – size does matter! Large estates can include business owners and shareholders, blended families, legal and financial commitments – and they require a different approach than the average family estate.

Choosing the right executor can be a complicated task for most testators (the person making the will).

This article speaks to the pros and cons of having the same person act as your beneficiary and executor: When the executor is also a beneficiary It also raises the question: Does having a third-party executor help avoid family conflict?

Many of my clients’ biggest concerns are about transferring their wealth and property to their loved ones in a timely and efficient manner.

Avoiding the Ontario estate administration tax (more commonly known as probate) can help save you and your family thousands of dollars!