Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...

An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...

However, you must also choose an executor, the person who will carry out your will's instructions.Choosing the wrong executor ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

You can be a "good" executor, even though carrying out someone's final wishes from their estate can be challenging.

Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...

When a person dies with a will, their estate must usually undergo probate. This is the process by which the will is proven to be valid. As part of this process, the probate court will appoint an ...

Imagine this scenario: Christine is in her 70s and needs to revise her will. The last time she looked at the document, her husband was still alive and their three children were toddlers. A lot has ...

She had carefully planned her estate so that there would be no surprises. She had even prepaid all funeral expenses. I have power of attorney for her estate. She had 2 IRAs that were dispersed equally ...