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My mom has passed away, she died without a will. So I'm
My mom has passed away, she died without a will. So I'm looking into becoming the administrator of her estate. I don't mind doing the work. I know her estate will be outweighed by her debt. I was talking to a Trustee and they told me if I applied to be an administrator I could be responsible for her debt. Is this true? … read more
Debra
Debra
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My father passed away on Nov 17/12 in Ontario.The value
My father passed away on Nov 17/12 in Ontario. The value of his estate is $430,000 which is strictly investments one of which is $390,000. My brother is a foreign executor and now chooses to make a 95… read more
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My mom died leaving me and my brother as the beneficiaries,
My mom died leaving me and my brother as the beneficiaries, our mom had 180000 in Rrif. It was liquidated and we received 90000 each ,from what I understand the estate must pay the taxes which probabl… read more
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If a person is paying back a Guaranteed Income Supplement overpayment
If a person is paying back a Guaranteed Income Supplement overpayment at the time of their death is the surviving spouse responsible for the repayment?… read more
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Our Dad passed away a few weeks ago and only left 3 small insurance
Our Dad passed away a few weeks ago and only left 3 small insurance policies with my younger brother as the beneficiary, his outstanding debts are his credit card and overdraft at the bank. He had no … read more
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I am 21 and living in B.C. My mother died last year without
I am 21 and living in B.C. My mother died last year without a will and left me RRSP's and non-registered stock investments by naming me beneficiary of them. I am with the understanding that the taxes … read more
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I am 21 and living in B.C. My Mother died last year without
I am 21 and living in B.C. My Mother died last year without a will and left me RRSP's and non-registered stock investments by naming me beneficiary of them. I am with the understanding that the taxes … read more
Debra
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I have a brother who has had a massive stroke and is not expected
I have a brother who has had a massive stroke and is not expected to survive. He does not have a will. I am the closest family member to him. How can I get the power of attorney?… read more
Ulysses101
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in the event of the death of a spouse is the surviving spouse
in the event of the death of a spouse is the surviving spouse responsible for the deceased spouse's credit card debt? Can the credit card company go after the joint assets if the debt was incurred by … read more
Debra
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Unknown to my wife and I , we were appointed as co-executors
Unknown to my wife and I , we were appointed as co-executors of my brother's Ontario WILL ( 1975 ). The estate is insolvent and in our capacity as executors, all unsecured creditors have written off t… read more
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Hi I am the executor of a a small estate. In total there is
Hi: I am the executor of a a small estate. In total there is about $23,000.00 cash in the estate account (from the deceased accounts). She did not have any assets such as houses, cars etc - she was di… read more
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Hello -Im the first and only Heir on my mothers Est
Hello: -I'm the first and only 'Heir' on my mother's Estate as stated in her'Last Will and Testiment'. The 'Will' legally drawn in Ontario where she resided prior to her death in Dec.2008. The capital… read more
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My father passed away Aug. 30,2007, owing Rev. Can Income Tax
My father passed away Aug. 30,2007, owing Rev. Can Income Tax and GST, His RRSP's were payed out to my sister and I on the basis that we were beneficiaries and that this income did not become part of … read more
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If an estate is insolvent, are the taxes on RRSPs with designated
If an estate is insolvent, are the taxes on RRSP's with designated benficiaries, still payable?… read more
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My Mother passed away recently leaving a lot of charge card
My Mother passed away recently leaving a lot of charge card debt but also she had modest left some modest insurance policies. Are we required to pay down her debts with this money.… read more
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My Brother recently dies and left his entire estate to his
My Brother recently dies and left his entire estate to his two neices, my daughters - equally. I am the executor and trustee of his estate. The bulk of this inheritence is in "locked-in" RRSPs (GICs)-… read more
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What is meant by the following condition in an offer to purchase
What is meant by the following condition in an offer to purchase a house: " RESIDENCY: Buyer shall be credited towards the Purchase Price with the amount, if any, necessary for Buyer to pay to the Min… read more
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