Learn tips that every Executor should know when they are down in the trenches of estate administration!
When Should I Update My Will?
Life is a journey filled with significant milestones and transitions, each shaping our circumstances and priorities. One crucial aspect that often gets overlooked amidst life's changes is the need to update our Will and estate planning documents.
Don’t Let Your Estate Plans Ghost You
As the leaves turn and the air grows crisp, Halloween brings with it a sense of mystery and the supernatural. While you’re busy preparing for spooky festivities, it’s also the perfect time to reflect on something that might not be as thrilling but is equally important: your estate plans. Just as you wouldn’t want to be haunted by past decisions, ensuring your estate plans are up-to-date can prevent future complications for your loved ones. Here’s why you should consider revisiting your estate plans this season.
Exploring Death Positive TV Shows
In a world where discussions about death are often shrouded in taboo, several television shows have bravely tackled the subject with sensitivity, humor, and depth. These death-positive shows not only explore the inevitability of mortality but also celebrate life, love, and the connections we forge.
Carley’s Corner – The Stieg Larsson Estate
The legacy of Stieg Larsson, acclaimed author of the The Girl with the Dragon Tattoo, continues to captivate readers worldwide long after his untimely passing. As one of the most influential crime fiction writers of our time, Larsson's estate holds a key lesson for those embarking on their estate planning journey. Join us as we delve into the enigmatic world of Stieg Larsson's estate.
Exploring Death Positive Books
In a society that often shies away from discussions about death, the emergence of death positive literature has become a beacon of light in the darkness. These books not only challenge societal taboos surrounding mortality but also offer profound insights into the human experience.
Understanding Executor Compensation
The role of an executor is a crucial one, involving the administration of a deceased individual's estate and ensuring that their final wishes are carried out. One common question that arises in this context is whether executors can be compensated for their time and efforts. Understanding the guidelines and regulations surrounding executor compensation in Ontario is essential for both executors and beneficiaries to navigate this aspect of estate administration effectively.
The Role of Executor - Commonly Asked Questions
As an Executor, you play a crucial role in managing the affairs of a deceased individual's estate. From handling financial matters to distributing assets, the responsibilities can be complex and overwhelming. In this blog, we aim to provide clarity and guidance on the duties, challenges, and best practices associated with this important role. Whether you are currently serving as an Executor or are preparing for the future, our goal is to equip you with the knowledge and resources needed to navigate this process with confidence.
Carley’s Corner – The Estate of Amy Winehouse
Amy Winehouse was a British singer-songwriter known for her soulful voice and raw, emotional lyrics. Winehouse's unique blend of jazz, R&B, and soul music captivated audiences worldwide, with her untimely passing in 2011 leaving a void in the music industry. Beyond her musical legacy, the handling of her estate has been a topic of discussion. In this blog, we delve into the intricacies of Amy Winehouse's estate and the lessons that can be learned.
Estate Administration Commonly Asked Questions
Whether you're navigating the intricacies of probate, dealing with beneficiaries, or simply seeking guidance on how to handle a loved one's estate, we're here to provide clarity and support. From understanding the role of an executor to unraveling the legal jargon often associated with estate planning, our goal is to address the most commonly asked questions and empower you with the knowledge needed to navigate this important process with confidence
Carley’s Corner - The Estate of Kobe Bryant
Today, we focus on a poignant example that serves as a reminder of the critical nature of estate planning: the estate of the late basketball legend, Kobe Bryant. While his untimely passing shocked the world, it also brought to light a significant oversight in his estate planning.
ABC’s of Probate
Let’s delve into the intricate world of Probate and shed some light on the importance of understanding its various elements. By understanding the basics of Probate, you become empowered with the knowledge needed to navigate this procedure with confidence and clarity. So, let's embark on this journey together and unravel some of the terminology used throughout the process of Probate.
Understanding Probate
Probate is an essential legal process that occurs after someone passes away, and understanding the Probate process is crucial for executors and beneficiaries alike.
The Importance of a Power of Attorneys’ Mental Health
While acting as a POA, it is crucial to recognize the impact that it can have on your own mental health. In this blog, we will explore the importance of taking care of your mental well-being while acting as a power of attorney and provide some practical tips to help maintain a healthy balance.
The Global Colours of Mourning
From joyous festivals to solemn ceremonies, colors play a significant role in expressing emotions, traditions, and cultural symbolism during these periods of mourning. Join us as we delve into the kaleidoscope of hues that grace celebrations of life around the world, unraveling the meanings behind each color and discovering the rich tapestry of global traditions.
The ABC’s of Estate Administration
Whether you are an executor, a beneficiary, or simply someone interested in the subject, grasping the terminology associated with estate administration is essential for ensuring success. So, let's embark on this journey together and unravel the terminology of estate administration.
How To Plan for Your Assets
We recently published a blog about how to plan for your liabilities when it comes to your estate planning – now let us talk about how you can plan for your assets and ensure that they are accounted for and protected when it comes time to administer your estate. Let’s look further into a few ways that you can carefully plan for your assets.
Carley’s Corner – The Casey Kasem Estate
Discover the untold story of Casey Kasem, the iconic American DJ, actor, and voice behind the beloved Shaggy from Scooby-Doo. While he left an indelible mark on the entertainment world, his final days were marred by family disputes, legal battles, and even the shocking 'kidnapping' of his own body
The Importance of Power of Attorney
POA’s (Power of Attorney) documents are crucial to a well-rounded estate plan. Many people are quick to get their Wills drafted yet ignore the POA documents and are unaware of just how important they truly are! Let’s take a deeper look into what a Power of Attorney is, and why it’s so essential for everyone over the age of 18 to have.
Let's Talk About Death & Estate Planning
The topic of death and estate planning is never an easy conversation to initiate; however, it’s such an important conversation to be had. It can feel awkward and overwhelming to try to steer the conversation on the right path. Let’s look at some ways you can start the end-of-life conversation and turn the uncomfortable topic into something productive.
Carley’s Corner – Sonny Bono’s Estate Mishap
When Sonny Bono died, his estate was worth approximately two million dollars. He had re-married since his divorce with Cher, and left behind his wife Mary, and his three children Chaz, Chesare, and Christy. To make an already devastating situation more complicated, Sonny died without a Will and with no estate plan in place.