Many Canadians wish they had bought cryptocurrency as the value of a single BitCoin rose from $1,229 to $17,618 throughout 2017 (in Canadian dollars). Everyday investors have begun to dive into the Bitcoin craze to make their fortunes even though the cryptocurrency has received criticism financial experts around the globe.
“Who should be my executor?” is one of the first and most important questions to ask yourself when you’re making your estate plan or Will. Planning an estate or preparing a will involves important decision making. Every year, Canadians consider which items to include in their will. Some of these items include choosing a guardian…
There is a misconception surrounding ‘closed’ estates and why an estate can never really be closed. Being the executor of an estate can be a lengthy and tiresome job. Once an executor has paid all of the estate bills, distributed the assets to beneficiaries, and received a clearance letter from the CRA, you’d think your job…
Most executors don’t think of themselves holding legal liability as a fiduciary, but there are risks that come along with the convenience of modern technology. The cybersecurity risk for executors is very real and it presents a large source of potential problems that executors and advisors need to consider.
Administering an estate can be difficult and bring about many questions. Keep reading to learn the answers to the top seven questions Canadians have asked ERAssure about their estates over the past five years.
