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Recent Posts
Below is a preview of the five most recent posts from the blog MrWills.com Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Explaining Common Will Clauses – Part 2
In my post, Explaining Common Will Clauses – Part 1, I covered some common legal terms used in wills. Janet now asks, “What is the difference between executor and estate trustee?” Executor or Estate Trustee? The gender-neutral term used today is estate trustee. For simplicity, the word trustee is of … Read more »
- Explaining Common Will Clauses
Janet asked me, “We want a simple, one-page will, one that we can understand. Why can’t we get what we want?” Many people have wills that they do not understand. You may have read your wills and still be unsure of their meaning. A person’s level of education usually has little to do with their under … Read more »
- 3 Signs Your Will or Estate Plan Is Outdated (and What You Can Do About It)
These events trigger a review of your will and estate plan. Consider the consequences of these developments which can affect your will and estate plan. 1. A change in your relationships This could be due to estrangement, disability, changes in health or someone disclosing an addiction. It can also i … Read more »
- Avoid These Last Will Mistakes – Use this Three-Step Checklist
Step 1. Do you have a legal, up-to-date last will? Keep your will updated for changes in your relationships or assets and note how your wishes have changed. If will formalities are not complied with, your will can be declared invalid. Judges can refuse to declare wills valid if they are prepared in … Read more »
- My three sons are all co-executors of my will and two live in the U.S. Will this cause problems?
Find out what this complicated situation requires with FP Answers. Need help planning your will and estate? Contact me for a meeting. I have solved estate problems for decades by going to court or through mediation. I offer you a meeting to discuss your needs by Zoom or in-person in my Toronto west … Read more »