Category Archives: Uncategorized
Executor Fees in Ontario and Across Canada
How much are Executor fees in Ontario? Canadian Executors are typically paid between 3% and 5% of the estate for their efforts. The final percentage amount changes depending on the province and specific estate circumstances, such as:
How Does the Current Housing Market Boom Impact Canadian Executors?
It’s no secret that COVID-19 has added fuel to the housing market fire, driving listing prices to unprecedented amounts both in Waterloo Region and across Canada. Everyone seems to be either loving it or hating it, depending largely on whether you’re buying, selling, or just watching your home value soar with glee. “More than twice…
What are the most common Estate Litigation Disputes?
Estate litigation disputes are unfortunately quite common in Canada. They occur when someone takes issue with the way estate administration tasks are being handled by the executor, such as the division of personal assets. We anticipate that estate disputes will only become more frequent as our population in Canada continues to age. By the year…
Don’t Forget to Add a Beneficiary To Your RSP or RIF
It’s a big mistake that you may not even know you’ve made – you’ve forgotten to add a beneficiary to your RSP or RIF. When you’re setting up an RSP (or RIF) OR transferring funds from an RSP to an RIF, you need to triple check the paperwork and make sure your beneficiary is properly…