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Estate Law, British Columbia, Canada: There is a 200 day
Estate Law, British Columbia, Canada: There is a 200 day waiting period after the bulk of the payout from an estate in / after probate (I am not sure which in / after). The bulk of the payout was Janu… read more
Debra
Debra
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Doctoral Degree
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We have just received Certificate of Appointment as Estate
we have just received Certificate of Appointment as Estate Trustee with a will for my mother's estate. There are not reimbursements or payments outstanding. The estate taxes were delivered to our lawy… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
I am not sure if this questions should be asked here, or in
Hello. I am not sure if this questions should be asked here, or in the Estate Law Category. Sorry if I have chosen incorrectly. I am a beneficiary of my sister's estate. My brother is the executor. Th… read more
Debra
Debra
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Doctoral Degree
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Mom died in 2013 May 02 and I'm the oldest son of her five
Mom died in 2013 May 02 and I'm the oldest son of her five children and was assigned as a sole executor. Shortly after Mom's death I arranged for distribution of the various accounts that Mom had set … read more
Debra
Debra
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Doctoral Degree
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Lyn and about an estate , Executors want beneficiaries
Executors want beneficiaries to sign a 'final receipt and receipt of estate trustees' and a ' ledger/proposed distribution' form to release an interim distribution. There is still funds left to cover any other expenses, taxes lawyer fees etc while waiting for the tax clearance certificate. Lawyers cover letter for trustees says there are cheques waiting for (8) beneficiary's upon receipt of signed documents. My question is, how can a final release be signed before the estate is finished and does EVERY beneficiary need to sign BEFORE any money is distributed. We are being led to believe if you sign, you get your money....if you don't, you wait ...this seems like blackmail. The estate lawyer has stated in his cover letter that he works for the trustees only and cannot answer any questions. The release also states that if there are insufficient funds left to satisfy any liability against the estate, I agree to reimburse and indemnify the estate my proportionate share etc. I personally would like to wait until the Clearance Certificate before signing a release.BTW...the trustees are also beneficiary's and are not talking to most of the siblings (fellow beneficiary's) … read more
Debra
Debra
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Doctoral Degree
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My mom passed Aug 2012. The executor is my aunt, her sister.
My mom passed Aug 2012. The executor is my aunt, her sister. The last of my mom's estate, her house, was sold and put in trust Oct 2013. The first payment to the beneficiaries (100K) was disbursed May… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
My Canadian Aunt died 4 years ago 8/5/2011. I was and I
My Canadian Aunt died 4 years ago 8/5/2011. I was and I accepted being an heir. I am American and have lived in the US my whole life. There were two initial co-liquidators. Neither of which I was. I w… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
estate, where any financial assets are simply divided
For an estate, where any financial assets are simply divided evenly among beneficiaries , what is the typical procedure to transfer funds to the beneficiaries?… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
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 $390,000. My brother is a foreign executor and now chooses to make a 95… read more
Law.Hut
Law.Hut
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Law degree (Juris Doctor)
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Thank you for taking my question! I am one of 4 beneficiaries
Thank you for taking my question! I am one of 4 beneficiaries of an 'Estate' in Ontario. My brother is the 'Executor' of the estate and I am generally accepting and supportive of how he has handled th… read more
Debra
Debra
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Doctoral Degree
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My father passed away May 13th 2012 in Victoria BC. He was
My father passed away May 13th 2012 in Victoria BC. He was on canada pension and disability pension. His estate after paying bills was about 5000$, he had no property and the estate still has not fini… read more
Debra
Debra
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Doctoral Degree
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I am the executor of my late husbands will/estate. in the
I am the executor of my late husbands will/estate. in the will he stated I had to cash in 2 investments and put the proceeds into an estate account along with his cash amount. I was to pay any taxes r… read more
Debra
Debra
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Doctoral Degree
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My father died intestate in BC last year, and his estate had
My father died intestate in BC last year, and his estate had few assets. The outstanding income tax liability is greater than those assets, with the exception of his RRSP. My sister is the named benef… read more
Debra
Debra
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Doctoral Degree
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My mother-in-law passed away in late December 2010 in Alberta.
My mother-in-law passed away in late December 2010 in Alberta. She had a will which named all of her six children as benificiaries of her estate. She owned a mobile home on a rented lot, which is curr… read more
Debra
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Synopsis - two co-executors dealt with a $2M estate from 2005
Synopsis - two co-executors dealt with a $2M estate from 2005 to 2009. Lawyer and accountant consulted throughout. Partial distributions to 22 beneficiaries throughout. Clearance certificate obtained.… read more
Debra
Debra
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Doctoral Degree
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Can two executors for an estate put estate monies in their
Can two executors for an estate put estate monies in their own personal names (actually one personal and one prof corp)? And particularly the prof corp name? Is this legal? If one of the two executors… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
My husbands father passed away 4 years ago. A year and a half
My husband's father passed away 4 years ago. A year and a half ago the inheritance was dispersed evenly amongst the six kids.Everyone signed the lawyers documents and we thought it was settled and beh… read more
Debra
Debra
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Doctoral Degree
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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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