Learn tips that every Executor should know when they are down in the trenches of estate administration!
Setting Your Executor up for Success
When it comes to your estate planning, you want to not only ensure that you are choosing the right Executor, but also that you are providing that individual with the tools they need to succeed in the role and to carry out your legacy. We have written a lot of previous blogs about things to consider when it comes to choosing who to name as your Executor, conversations that should be had, as well as tips and tricks – now let’s look at what you can be doing to set your future Executor up for success.
Digital Assets & Estate Administration
First Steps for Your Estate Planning
Something that we talk about often here at ETP Canada, is the importance of having an estate plan made. However, without knowing where to begin, the task can seem daunting to someone who is just starting their estate planning journey. Let’s look at some of the important first steps that should be taken when it comes to creating your estate plan!
What Makes Up a Good Estate Plan?
There are many aspects to consider when it comes to planning your estate, but what exactly makes up a good estate plan? Let’s break down some key components.
Carley's Corner - The Robin Williams Estate
When Robin Williams passed, he had what appeared to be well drafted estate plans. While Robin’s Will was very detailed regarding how to handle his money, it appeared to be vague regarding the contents inside of the home that he shared with his wife. What was to happen with his clothes, graphic novels, photographs, and memorabilia? As you can imagine, everyone had different plans for these items!
Conversations with your Future Executor
Having a conversation with the person you have named as your Executor is a crucial step that is often missed when it comes to getting plans in order. We are quick to talk about the latest news, weather, and what happened on that HBO show last night, but why is it that we avoid talking about our estate plans with the ones who will be responsible for carrying out our last wishes?
Chadwick Boseman’s Expensive Estate Planning Error
Do you know what happened to Chadwick Boseman’s Estate? Click to read more!
Today’s Executor vs. Technology
While the level of comfort we each have with technology drastically varies – the big question we should all be asking ourselves is “how comfortable is my Executor with navigating technology and digital platforms?”
The Top 5 Things to Consider When Naming Your Executor
Choosing who to name as your Executor can be an overwhelming task when creating your Will. Here are 5 things to consider to ensure you are selecting the right person for the role!
Gunter VI : The World’s Wealthiest Pet
Meet Gunter VI, the dog that comes with a $500 million dollar net worth!
Carley’s Corner - Barry White’s Estate Fault
Do you know who inherited Barry White’s $20 million dollar estate? The answer may surprise you!
Carley’s Corner - Princess Diana’s “Letter of Wishes”
Carley’s Corner - The James Gandolfini Estate
Candice Jay: 3 Tips for Charitable Giving
Carley’s Corner - The Jimi Hendrix Estate
The biggest mistake that Jimi Hendrix made was that he did not have a Will when he passed. The real question is, who inherited the Hendrix estate?
Laroux Peoples : Three Tips for Navigating a Loved Ones Estate
Laroux Peoples writes an insightful guest blog detailing three tips for navigating a loved ones estate. Click to read more!
What Does My Executor Need To Know?
We hear it all the time in this industry, “What DOES my Executor need to know ahead of time?” Click to read more of our blog about the important conversations you should be having.