Executor of an estate.
-
- feistres Goruchaf y Bwrdd
- Posts: 89933
- Joined: Nov 23rd, 2007, 8:19 am
Re: Executor of an estate.
Alan, better have a chat with your lawyer as soon as you can. Sounds like the PGT is working with a COE (committee of estate) which means they were appointed, more than likely, by your mom years ago. Unlike a POA, the COE doesn't end on death.alanjh595 wrote:From what I have been able to determine from research, a POA's authority ends with the end of the life of the person and then after that it is up to the executor of the estate to proceed from there.The PGT’s authority as COE remains in place for now.
https://www.trustee.bc.ca/services/serv ... vices.aspx
Dance as if no one's watching, sing as if no one's listening, and live everyday as if it were your last.
Life is not about waiting for the storm to pass. It's about learning to dance in the rain.
Life is not about waiting for the storm to pass. It's about learning to dance in the rain.
-
- Buddha of the Board
- Posts: 21736
- Joined: Oct 20th, 2017, 5:18 pm
Re: Executor of an estate.
^^^^^ NOW that is very valuable information ^^^^^^^^
Thank you for finding that for me. This explains many things.
Now I have something to work from. I very much appreciate that.
Thank you for finding that for me. This explains many things.
Now I have something to work from. I very much appreciate that.
Bring back the LIKE button.
-
- Fledgling
- Posts: 139
- Joined: Feb 21st, 2010, 11:30 am
Re: Executor of an estate.
I am a executor of a estate and I will never do this job ever again . I am telling people to do living inheritances and put things in joint names and there is a lot of information on these items when you search not probating your will , you will also save all the legal fees , probate costs real estate costs , accounting costs , appraisal costs and all the other costs if you had to go to probate . Good luck because I was involved in a estate for 8 years before it got settled and this one is going on to 5 years .
-
- Lord of the Board
- Posts: 4688
- Joined: Jan 18th, 2009, 1:08 pm
Re: Executor of an estate.
So sorry to hear Alan, my condolences.
Measure what can be measured, and make measurable what cannot be measured.
-
- Buddha of the Board
- Posts: 21736
- Joined: Oct 20th, 2017, 5:18 pm
-
- Lord of the Board
- Posts: 4688
- Joined: Jan 18th, 2009, 1:08 pm
Re: Executor of an estate.
Wow, that makes it scary. lol.lsj777 wrote: ↑Jul 4th, 2021, 8:27 pm I am a executor of a estate and I will never do this job ever again. I am telling people to do living inheritances and put things in joint names and there is a lot of information on these items when you search not probating your will, you will also save all the legal fees, probate costs real estate costs, accounting costs, appraisal costs and all the other costs if you had to go to probate. Good luck because I was involved in a estate for 8 years before it got settled and this one is going on to 5 years .
So living inheritance is the way to go. No downside to it? My mom had a few of her siblings pass away and a minimum of a year went by before their estates were settled and lawyers got $10,000+. Seemed excessive to me. Some items may not be handled as desired. I'll have to check in to this.
Measure what can be measured, and make measurable what cannot be measured.