Executor Compensation in Ontario: How Much Can an Executor Be Paid? Executor compensation in Ontario is not fixed, but there are commonly accepted guidelines. In many cases, compensation is described as being “up to 5%” of the value of the estate. While this figure is...
Can Probate Be Avoided in Ontario? (And When It Backfires) In some cases, yes. Probate can be avoided in Ontario, but doing so is not always straightforward and does not always produce the intended result. Many individuals structure their affairs with the goal of...
What Happens If an Executor Refuses to Pass Their Accounts in Ontario? An executor cannot simply refuse to account. In Ontario, executors have a legal obligation to maintain proper records and to account to the beneficiaries when required. When that obligation is...
Yes. An executor can be personally liable in Ontario if they fail to properly carry out their duties in administering an estate. This is not a theoretical risk. Executors step into a fiduciary role that carries real legal obligations, and where those obligations are...
Yes. An executor can be removed in Ontario, but only where there is clear evidence that the executor is unable or unwilling to properly administer the estate. Disagreements between beneficiaries and executors are common, but not every disagreement justifies removal....
What Happens If Estate Assets Are Missing or Unaccounted For in Ontario? One of the most alarming discoveries for a beneficiary is realizing that estate assets may be missing. Bank balances do not match expectations. Property seems to have disappeared....